CHEVRON CORP — Director's Dealing 2007

Aug 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-08-28

Reporting Person: ROBERTSON PETER J (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-18	Common Stock	G	7100	—	Disposed	26987	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-28	Phantom Stock	$0	I	59	Acquired		Common Stock (59)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7100	Indirect
Common Stock	7100	Indirect
Common Stock	43849	Indirect

Footnotes

F1: "Bona fide gift" and involves no payment of consideration by the recipient of the gift.

F2: These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust (GRAT) on August 18, 2007.

F3: These shares were previously reported as directly beneficially owned but were gifted to the reporting person's spouse and then contributed to a grantor retained annuity trust (GRAT) on August 18, 2007, of which reporting person's spouse is sole trustee and beneficiary, and now reported herein as indirectly beneficially owned.

F4: The shares of phantom stock issued under the Chevron Deferred Compensation Plan for Management Employees become payable in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.

F5: 1-for-1

F6: This number includes dividend equivalent accruals under the Chevron Deferred Compensation Plan for Management Employees.