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4//SEC Filing

NELSON MARK A 4

Accession 0001127602-24-004108

CIK 0000093410other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 7:53 PM ET

Size

10.4 KB

Accession

0001127602-24-004108

Insider Transaction Report

Form 4
Period: 2024-02-06
NELSON MARK A
Vice Chairman
Transactions
  • Award

    Restricted Stock Units

    2024-02-06+9,1809,180 total
    Exercise: $0.00Common Stock (9,180 underlying)
  • Award

    Non-Qualified Stock Option (Right to Buy)

    2024-02-06+36,80036,800 total
    Exercise: $152.35Exp: 2034-02-06Common Stock (36,800 underlying)
Holdings
  • Restricted Stock Units

    Exercise: $0.00Common Stock (5,335 underlying)
    5,335
Footnotes (4)
  • [F1]One-third of the shares subject to the option vest on February 10, 2025, February 10, 2026 and February 10, 2027, respectively.
  • [F2]Restricted stock units granted under the Chevron Corporation 2022 Long-Term Incentive Plan. 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. One-third of the shares subject to this award vest on February 10, 2025, February 10, 2026 and February 10, 2027, respectively, and will settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
  • [F3]The reporting person previously reported the grant of 7,700 restricted stock units in Table I of a Form 4 filed on January 27, 2023. The initial award provided that one-third of the restricted stock units would vest on each of January 31, 2024, January 31, 2025 and January 31, 2026. The vesting of one-third of the award, together with 100 additional restricted stock units accrued as dividend equivalents, was reported on a Form 4 filed on February 2, 2024. The remaining restricted stock units, including 201 dividend equivalents, are now being reported in Table II. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
  • [F4]Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock.

Issuer

CHEVRON CORP

CIK 0000093410

Entity typeother

Related Parties

1
  • filerCIK 0001729591

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 7:53 PM ET
Size
10.4 KB