Krishnamurthy Balaji 4

4 · CHEVRON CORP · Filed Feb 6, 2025

Form 4

Period: 2025-02-04

Vice President

Transactions

Award
Restricted Stock Units
2025-02-04+4,270→ 4,270 total
Exercise: $0.00→ Common Stock (4,270 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
2025-02-04+10,900→ 10,900 total
Exercise: $153.22Exp: 2035-02-04→ Common Stock (10,900 underlying)
Award
Restricted Stock Units
2025-02-04+2,670→ 2,670 total
Exercise: $0.00→ Common Stock (2,670 underlying)

Footnotes (4)

[F1]One-third of the shares subject to the option vest on February 10, 2026, February 10, 2027 and February 10, 2028, respectively.
[F2]Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
[F3]Restricted stock units granted under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to this award will vest on February 10, 2026, February 10, 2027 and February 10, 2028, 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.
[F4]Restricted stock units granted under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and will settle in shares of Chevron common stock upon vesting on February 10, 2028.

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