Initial Statement of Beneficial Ownership (3)
March 03 2023 - 04:33PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * Knowles Alana K |
2. Date of Event Requiring Statement
(MM/DD/YYYY)
3/1/2023
|
3. Issuer Name and Ticker or Trading
Symbol CHEVRON CORP [CVX] |
(Last)
(First)
(Middle)
6001 BOLLINGER CANYON ROAD |
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
___X___ Officer (give title
below) _____
Other (specify below)
VP and Controller / |
(Street)
SAN
RAMON, CA 94583
(City)
(State)
(Zip)
|
5. If Amendment, Date Original
Filed(MM/DD/YYYY)
|
6. Individual or Joint/Group
Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Beneficially
Owned
|
1.Title of Security
(Instr. 4) |
2. Amount of Securities Beneficially Owned
(Instr. 4) |
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) |
4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Common Stock |
1340 (1) |
D |
|
Common Stock |
11272 (2) |
I |
by 401(k) plan |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 4) |
2. Date Exercisable and Expiration Date
(MM/DD/YYYY) |
3. Title and Amount of Securities Underlying
Derivative Security
(Instr. 4) |
4. Conversion or Exercise Price of Derivative
Security |
5. Ownership Form of Derivative Security: Direct (D)
or Indirect (I)
(Instr. 5) |
6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option (Right to Buy) |
(3) |
1/29/2030 |
Common Stock |
5600 |
$110.37 |
D |
|
Non-Qualified Stock Option (Right to Buy) |
(4) |
1/27/2031 |
Common Stock |
11934 |
$88.20 |
D |
|
Non-Qualified Stock Option (Right to Buy) |
(5) |
1/26/2032 |
Common Stock |
9600 |
$132.69 |
D |
|
Non-Qualified Stock Option (Right to Buy) |
(6) |
1/25/2033 |
Common Stock |
5200 |
$179.08 |
D |
|
Phantom Stock Units |
(7) |
(7) |
Common Stock |
523 |
(7) |
I |
Excess Benefit Plan |
Restricted Stock Units |
(8) |
(8) |
Common Stock |
1605 |
(8) |
D |
|
Restricted Stock Units |
(9) |
(9) |
Common Stock |
2199 |
(9) |
D |
|
Restricted Stock Units |
(10) |
(10) |
Common Stock |
2572 |
(10) |
D |
|
Restricted Stock Units |
(11) |
(11) |
Common Stock |
1757 |
(11) |
D |
|
Explanation of
Responses: |
(1) |
Restricted stock units
granted on January 25, 2023 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
vest on January 31, 2024, January 31, 2025 and January 31, 2026,
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. |
(2) |
This number represents the
reporting person's shares of Chevron Corporation common stock under
the Chevron Corporation Employee Savings and Investment Plan, a
401(k) plan. |
(3) |
Option granted 1/29/2020.
One-third of the shares subject to the option vested on January 31,
2021, January 31, 2022 and January 31, 2023,
respectively. |
(4) |
Option granted 1/27/2021.
One-third of the shares subject to the option vested on January 31,
2022, and one-third of the shares vested on January 31, 2023. The
balance of the shares vests on January 31, 2024. |
(5) |
Option granted 1/26/2022.
One-third of the shares subject to the option vested on January 31,
2023, and one-third of the shares subject to the option will vest
on January 31, 2024 and January 31, 2025, respectively. |
(6) |
Option granted 1/25/2023.
One-third of the shares subject to the option vest on January 31,
2024, January 31, 2025 and January 31, 2026,
respectively. |
(7) |
Each phantom stock unit is
the economic equivalent of one share of Chevron Corporation common
stock. The phantom stock units, which are issued under the Chevron
ESIP-RP, are payable in cash upon the reporting person's retirement
or other termination of service. |
(8) |
Restricted stock units
granted on January 30, 2019 under the Chevron Corporation 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 and are payable in cash upon
vesting on January 31, 2024. |
(9) |
Restricted stock units
granted on January 29, 2020 under the Chevron Corporation 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 and are payable in cash upon
vesting on January 31, 2025. |
(10) |
Restricted stock units
granted on January 27, 2021 under the Chevron Corporation 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 and are payable in cash upon
vesting on January 31, 2026. |
(11) |
Restricted stock units
granted on January 26, 2022 under the Chevron Corporation 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 and are payable in cash upon
vesting on January 31, 2027. |
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Knowles Alana K
6001 BOLLINGER CANYON ROAD
SAN RAMON, CA 94583 |
|
|
VP and Controller |
|
Signatures
|
/s/ Rose Z. Pierson, Attorney-in-Fact for Alana
K. Knowles |
|
3/3/2023 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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