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CHEVRON CORP Director's Dealing 2008

May 30, 2008

29758_dirs_2008-05-29_8afe33de-f3a3-45a7-a8e7-154f01d7e90a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2008-05-28

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-05-28 Common Stock M 160000 $43.125 Acquired 187338 Direct
2008-05-28 Common Stock S 96449 $99.00 Disposed 90889 Direct
2008-05-28 Common Stock S 3600 $99.005 Disposed 87289 Direct
2008-05-28 Common Stock S 23055 $99.01 Disposed 64234 Direct
2008-05-28 Common Stock S 3800 $99.015 Disposed 60434 Direct
2008-05-28 Common Stock S 12088 $99.02 Disposed 48346 Direct
2008-05-28 Common Stock S 300 $99.025 Disposed 48046 Direct
2008-05-28 Common Stock S 2700 $99.03 Disposed 45346 Direct
2008-05-28 Common Stock S 2677 $99.035 Disposed 42669 Direct
2008-05-28 Common Stock S 800 $99.04 Disposed 41869 Direct
2008-05-28 Common Stock S 1800 $99.045 Disposed 40069 Direct
2008-05-28 Common Stock S 7220 $99.05 Disposed 32849 Direct
2008-05-28 Common Stock S 600 $99.055 Disposed 32249 Direct
2008-05-28 Common Stock S 645 $99.06 Disposed 31604 Direct
2008-05-28 Common Stock S 2900 $99.065 Disposed 28704 Direct
2008-05-28 Common Stock S 100 $99.07 Disposed 28604 Direct
2008-05-28 Common Stock S 1266 $99.08 Disposed 27338 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-05-28 Non-Qualified Stock Option (Right to Buy) $43.125 M 160000 Disposed 2012-06-26 Common Stock (160000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 44940 Indirect
Common Stock 7100 Indirect
Common Stock 7100 Indirect

Footnotes

F1: This number includes dividend equivalent accruals (234 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: Between December 6, 2007 and May 28, 2008, the reporting person acquired 800 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F3: The option exercise price and number of shares are adjusted for the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.

F4: One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the June 26, 2002 date of grant.