CHEVRON CORP — Director's Dealing 2008

Dec 5, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2008-12-03

Reporting Person: JAMES CHARLES A (Vice Pres. and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-03	Common Stock	M	22691	$74.6046	Acquired	28311	Direct
2008-12-03	Common Stock	F	10502	$74.6046	Disposed	17809	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-03	Restricted Stock Units	$0	M	22691	Disposed		Common Stock (22691)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2081	Indirect

Footnotes

F1: Between May 8, 2008 and December 3, 2008, the reporting person acquired 30 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F2: 1-for-1

F3: The number of Restricted Stock Units are adjusted for the September 10, 2004, 2-for-1 stock split and includes dividend equivalents.

F4: The Restricted Stock Units vested on December 3, 2008