CHEVRON CORP — Director's Dealing 2022

Nov 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2022-11-28

Reporting Person: JOHNSON JAMES WILLIAM (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-28	Common Stock	M	50800	$117.24	Acquired	50800	Direct
2022-11-28	Common Stock	M	56000	$113.01	Acquired	106800	Direct
2022-11-28	Common Stock	M	36666	$110.37	Acquired	143466	Direct
2022-11-28	Common Stock	S	53671	$178.6366	Disposed	89795	Direct
2022-11-28	Common Stock	S	72254	$179.4819	Disposed	17541	Direct
2022-11-28	Common Stock	S	16341	$180.55	Disposed	1200	Direct
2022-11-28	Common Stock	S	1200	$181.135	Disposed	0	Direct
2022-11-29	Common Stock	M	2900	$125.35	Acquired	2900	Direct
2022-11-29	Common Stock	S	2900	$181.7745	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-28	Non-Qualified Stock Option (Right to Buy)	$117.24	M	50800	Disposed	2027-01-25	Common Stock (50800)	Direct
2022-11-28	Non-Qualified Stock Option (Right to Buy)	$113.01	M	56000	Disposed	2029-01-30	Common Stock (56000)	Direct
2022-11-28	Non-Qualified Stock Option (Right to Buy)	$110.37	M	36666	Disposed	2030-01-29	Common Stock (36666)	Direct
2022-11-29	Non-Qualified Stock Option (Right to Buy)	$125.35	M	2900	Disposed	2028-01-31	Common Stock (2900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5777	Indirect
Common Stock	11552	Indirect
Common Stock	1000	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 25, 2022.

F2: These shares were sold in multiple transactions at prices ranging from $178.05 to $179.04, inclusive. The price reported in Column 4 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 ranges set forth in footnotes (2), (3), (4), (5) and (6) to this Form 4.

F3: These shares were sold in multiple transactions at prices ranging from $179.05 to $180.04, inclusive. The price reported in Column 4 reflects the weighted average sale price.

F4: These shares were sold in multiple transactions at prices ranging from $180.05 to $181.03, inclusive. The price reported in Column 4 reflects the weighted average sale price.

F5: These shares were sold in multiple transactions at prices ranging from $181.06 to $181.36, inclusive. The price reported in Column 4 reflects the weighted average sale price.

F6: These shares were sold in multiple transactions at prices ranging from $181.73 to $181.85, inclusive. The price reported in Column 4 reflects the weighted average sale price.

F7: Option granted January 25, 2017. One-third of the shares subject to the option vested on January 31, 2018, January 31, 2019 and January 31, 2020, respectively.

F8: Option granted January 30, 2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.

F9: Option granted January 29, 2020. One-third of the shares subject to the option vested on January 31, 2021, and one-third of the shares vested on January 31, 2022. The balance of the shares vests on January 31, 2023.

F10: Option granted January 31, 2018. One-third of the shares subject to the option vested on January 31, 2019, January 31, 2020 and January 31, 2021, respectively.