CHEVRON CORP — Director's Dealing 2005

Jun 30, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2005-06-29

Reporting Person: WATSON JOHN S (Vice Pres. and Pres. CIEP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-29	Non-Qualified Stock Option (Right to Buy)	$56.76	A	115000	Acquired	2015-06-29	Common Stock (115000)	Direct

Footnotes

F1: One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.