Sec Form 4 Filing - JOHNSON JAMES WILLIAM @ CHEVRON CORP - 2022-11-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
JOHNSON JAMES WILLIAM
2. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
6001 BOLLINGER CANYON ROAD
3. Date of Earliest Transaction (MM/DD/YY)
11/28/2022
(Street)
SAN RAMON, CA94583
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/28/2022 M( 1 ) 50,800 A $ 117.24 50,800 D
Common Stock 11/28/2022 M( 1 ) 56,000 A $ 113.01 106,800 D
Common Stock 11/28/2022 M( 1 ) 36,666 A $ 110.37 143,466 D
Common Stock 11/28/2022 S( 1 ) 53,671 D $ 178.6366( 2 ) 89,795 D
Common Stock 11/28/2022 S( 1 ) 72,254 D $ 179.4819( 3 ) 17,541 D
Common Stock 11/28/2022 S( 1 ) 16,341 D $ 180.55( 4 ) 1,200 D
Common Stock 11/28/2022 S( 1 ) 1,200 D $ 181.135( 5 ) 0 D
Common Stock 11/29/2022 M( 1 ) 2,900 A $ 125.35 2,900 D
Common Stock 11/29/2022 S( 1 ) 2,900 D $ 181.7745( 6 ) 0 D
Common Stock 5,777 I by 401(k) plan
Common Stock 11,552 I by JWJ Revocable Trust
Common Stock 1,000 I by Spouse Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $ 117.24 11/28/2022 M 50,800 ( 7 ) 01/25/2027 Common Stock 50,800 $ 0 0 D
Non-Qualified Stock Option (Right to Buy) $ 113.01 11/28/2022 M 56,000 ( 8 ) 01/30/2029 Common Stock 56,000 $ 0 0 D
Non-Qualified Stock Option (Right to Buy) $ 110.37 11/28/2022 M 36,666 ( 9 ) 01/29/2030 Common Stock 36,666 $ 0 33,334 D
Non-Qualified Stock Option (Right to Buy) $ 125.35 11/29/2022 M 2,900 ( 10 ) 01/31/2028 Common Stock 2,900 $ 0 37,300 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
JOHNSON JAMES WILLIAM
6001 BOLLINGER CANYON ROAD
SAN RAMON, CA94583
Executive Vice President
Signatures
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson 11/30/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.
( 4 )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.
( 5 )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.
( 6 )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.
( 7 )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.
( 8 )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.
( 9 )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.
( 10 )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.

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