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CHEVRON CORP Director's Dealing 2009

Jan 8, 2009

29758_dirs_2009-01-07_1dafa579-0992-42dc-88f0-e988aca474d5.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2009-01-01

Reporting Person: Yarrington Patricia E (Chief Financial Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5928 Direct
Common Stock 6346 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-Qualified Stock Option (Right to Buy) $47.055 2014-06-30 Common Stock (42000) Direct
Non-Qualified Stock Option (Right to Buy) $56.76 2015-06-29 Common Stock (40000) Direct
Non-Qualified Stock Option (Right to Buy) $56.63 2016-03-23 Common Stock (38000) Direct
Non-Qualified Stock Option (Right to Buy) $74.08 2017-03-28 Common Stock (44000) Direct
Non-Qualified Stock Option (Right to Buy) $84.96 2018-03-26 Common Stock (39000) Direct
Phantom Stock Units $ Common Stock (2692) Indirect

Footnotes

F1: As of January 6, 2009, this number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F2: Option granted 06/30/2004. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F3: Option granted 06/29/2005. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F4: Option granted 03/23/2006. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F5: Option granted 03/28/2007. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F6: Option granted 03/26/2008. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F7: Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units are payable in cash upon the reporting person's retirement or other termination of service.