CHEVRON CORP — Director's Dealing 2007

Apr 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-04-25

Reporting Person: SHOEMATE CHARLES R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-25	Common Stock	A	2256	—	Acquired	30053	Direct

Derivative Transactions

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

Footnotes

F1: This number represents stock units paid under the Non-Employee Directors' Equity Compensation and Deferral Plan.

F2: This number includes the acquisition of dividend equivalent accruals under the Non-Employee Directors' Equity Compensation and Deferral Plan and the acquisition of stock resulting from the reinvestment of dividends.

F3: Stock options granted in lieu of the annual cash retainer at the Director's election.

F4: The option vests as follows: fifty percent on October 25, 2007 and the remaining fifty percent on April 25, 2008.