Sec Form 4 Filing - Austin Wanda M @ CHEVRON CORP - 2020-05-27

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
Austin Wanda M
2. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
6001 BOLLINGER CANYON ROAD
3. Date of Earliest Transaction (MM/DD/YY)
05/27/2020
(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 05/27/2020 A 2,411 ( 1 ) A $ 0 4,436 ( 2 ) D
Common Stock 5,352 ( 3 ) I By Austin Family 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) ( 4 ) $ 93.9 05/27/2020 A 12,039 05/27/2021( 5 ) 05/27/2030 Common Stock 12,039 $ 0 12,039 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Austin Wanda M
6001 BOLLINGER CANYON ROAD
SAN RAMON, CA94583
X
Signatures
/s/ Christine L. Cavallo, Attorney-in-Fact for Wanda M. Austin 05/29/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
( 2 )This number includes the acquisition of dividend equivalent accruals on stock units and the acquisition of stock resulting from the reinvestment of dividends on vested stock units (225) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
( 3 )Includes 5,352 shares previously directly owned, which are now indirectly owned by the Austin Family Trust.
( 4 )Stock option granted in lieu of the annual cash retainer at the Director's election.
( 5 )The option vests as follows: 50 percent on November 27, 2020 and the remaining 50 percent on the earlier of the last day of the Annual Compensation Cycle to which the grant relates or May 27, 2021.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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