CHEVRON CORP — Director's Dealing 2022

Feb 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2022-01-31

Reporting Person: INCHAUSTI DAVID A (Vice Pres. and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-31	Common Stock	M	914	—	Acquired	914	Direct
2022-01-31	Common Stock	D	914	$131.33	Disposed	0	Direct
2022-01-31	Common Stock	M	1539	—	Acquired	1539	Direct
2022-01-31	Common Stock	D	1539	$131.33	Disposed	0	Direct
2022-01-31	Common Stock	M	7200	$83.29	Acquired	7200	Direct
2022-01-31	Common Stock	S	7200	$131.2942	Disposed	0	Direct
2022-01-31	Common Stock	M	180	—	Acquired	180	Indirect
2022-01-31	Common Stock	D	180	$131.33	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-31	Restricted Stock Units	$	M	914	Disposed		Common Stock (914)	Direct
2022-01-31	Restricted Stock Units	$	M	1539	Disposed		Common Stock (1539)	Direct
2022-01-31	Non-Qualified Stock Option (Right to Buy)	$83.29	M	7200	Disposed	2026-01-27	Common Stock (7200)	Direct
2022-01-31	Restricted Stock Units	$	M	180	Disposed		Common Stock (180)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5074	Indirect

Footnotes

F1: Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2022.

F2: This transaction was executed in multiple trades at prices ranging from $131.21 to $131.34. 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: This number includes dividend equivalents (44 shares).

F4: This number includes dividend equivalents (184 shares).

F5: Option granted 1/27/2016. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

F6: This number includes dividend equivalents (21 shares).