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CHEVRON CORP Director's Dealing 2010

Dec 1, 2010

29758_dirs_2010-12-01_efdafe9d-b47b-438a-a06f-ae76e24ee9e8.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: 2010-11-29

Reporting Person: NUNN SAMUEL A (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-29 Phantom Stock $0 I 386 Acquired Common Stock (386) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $0 Common Stock (8690) 8690 Direct

Footnotes

F1: The shares of phantom stock were issued under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan and are payable in common stock upon the reporting person's termination of service.

F2: 1-for-1

F3: This number includes dividend equivalent accruals (100) under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan.

F4: Phantom stock units were issued under a former plan for Texaco Directors and are payable in common stock upon the reporting person's termination of service. No new awards are issuable under the former plan and only dividend equivalent accruals are earned. This number includes dividend equivalent accruals (79).