CHEVRON CORP — Director's Dealing 2013

May 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2013-05-20

Reporting Person: KIRKLAND GEORGE L (Director, Vice Chairman and EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-20	Common Stock	M	125000	$74.08	Acquired	168058	Direct
2013-05-20	Common Stock	S	115000	$124.5631	Disposed	53058	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-20	Non-Qualified Stock Option (Right to Buy)	$74.08	M	125000	Disposed	2017-03-28	Common Stock (125000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41051	Indirect

Footnotes

F1: This number includes dividends accrued (230 shares) under the Chevron Corporation dividend reinvestment plan.

F2: This transaction was executed in multiple trades at prices ranging from $124.50 to $124.74. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: Between August 8, 2012 and May 20, 2013, the reporting person acquired 1,206 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: Option granted 3/28/2007. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.