CHEVRON CORP — Director's Dealing 2010

Nov 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2010-11-01

Reporting Person: WATSON JOHN S (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-01	Common Stock	F	1084	$81.45	Disposed	16436	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3630	Indirect
Common Stock	3630	Indirect
Common Stock	20088	Indirect

Footnotes

F1: This number includes dividend equivalent accruals (943 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: One (1) share was previously reported as indirectly owned by GRAT but is now directly owned as of June 30, 2010.

F3: Between March 26, 2009 and November 1, 2010, the reporting person acquired 1,381 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.