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CHEVRON CORP Director's Dealing 2009

May 29, 2009

29758_dirs_2009-05-29_028e5ca9-2305-43b0-8c16-489a064e4352.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: 2009-05-27

Reporting Person: EATON ROBERT J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-05-27 Common Stock A 2802 Acquired 29438 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-05-27 Non-Qualified Stock Option (Right to Buy) $64.57 A 8606 Acquired 2019-05-27 Common Stock (8606) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 22080 Indirect

Footnotes

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

F2: This number includes the acquisition of dividend equivalent accruals on stock units and the acquisition of stock resulting from the reinvestment of dividends on restricted stock (860 shares) issued under the Non-Employee Directors' Equity Compensation and Deferral Plan.

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

F4: The option vests as follows: 50 percent on November 27, 2009 and the remaining 50 percent on the earlier of the last day of the Annual Compensation Cycle to which the grant relates or May 27, 2010.