CHEVRON CORP — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2021-11-26

Reporting Person: MORRIS RHONDA J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-26	Common Stock	M	9400	$107.73	Acquired	10224	Direct
2021-11-26	Common Stock	S	9400	$114.0617	Disposed	824	Direct
2021-11-26	Common Stock	M	6200	$107.73	Acquired	35086	Indirect
2021-11-26	Common Stock	S	6200	$114.0281	Disposed	28886	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-26	Non-Qualified Stock Option (Right to Buy)	$107.73	M	9400	Disposed	2022-01-25	Common Stock (9400)	Direct
2021-11-26	Non-Qualified Stock Option (Right to Buy)	$107.73	M	6200	Disposed	2022-01-25	Common Stock (6200)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10253	Indirect
Common Stock	770	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2021.

F2: This number includes dividend accruals (10 shares).

F3: This transaction was executed in multiple trades at prices ranging from $114.00 to $114.14. 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.

F4: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on August 26, 2021.

F5: This number includes dividend accruals (1,066 shares).

F6: This transaction was executed in multiple trades at prices ranging from $114.00 to $114.08. 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.

F7: Between January 15, 2021 and November 26, 2021, the reporting person acquired 475 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F8: Option granted 1/25/2012. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.