CHEVRON CORP — Director's Dealing 2007

Jun 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-05-30

Reporting Person: SHOEMATE CHARLES R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-30	Non-Qualified Stock Option (Right to Buy)	$78.32	G	7730	Disposed	2017-04-25	Common Stock (7730)	Direct

Footnotes

F1: The option vests as follows: fifty percent on October 25, 2007 and the remaining fifty percent on April 25, 2008.

F2: "Bona fide gift" and involves no payment of consideration by the recipient of the gift.