CHEVRON CORP — Director's Dealing 2020

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2020-02-12

Reporting Person: HERNANDEZ ENRIQUE JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-12	Common Stock	M	7646	$71.55	Acquired	23778	Direct
2020-02-12	Common Stock	S	4900	$111.713	Disposed	18878	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Non-Qualified Stock Option (Right to Buy)	$71.55	M	7646	Disposed	2020-05-26	Common Stock (7646)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15373	Indirect

Footnotes

F1: This number includes the acquisition of dividend equivalent accruals on stock units (468) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

F2: This transaction was executed in multiple trades at prices ranging from $111.64 to $111.76. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided.

F3: Includes 1,926 shares previously directly owned, which are now indirectly owned by the Hernandez Family Trust.

F4: Option granted May 26, 2010. Fifty percent of the shares subject to the option vested on November 26, 2010 and May 24, 2011. The option became exercisable on May 26, 2011.