CHEVRON CORP — Director's Dealing 2008

Mar 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2008-03-05

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-05	Phantom Stock	$0	I	19	Acquired		Common Stock (19)	Direct

Footnotes

F1: The shares of phantom stock issued under the Chevron Deferred Compensation Plan for Management Employees II become payable in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.

F2: 1-for-1

F3: This number includes dividend equivalent accruals under the Chevron Deferred Compensation Plan for Management Employees and the Chevron Deferred Compensation Plan for Management Employees II.