CHEVRON CORP — Director's Dealing 2013

May 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2013-04-29

Reporting Person: Blackwell James R. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-29	Common Stock	M	20667	$84.96	Acquired	20667	Direct
2013-04-29	Common Stock	M	68000	$73.70	Acquired	88667	Direct
2013-04-29	Common Stock	S	88667	$120.6236	Disposed	0	Direct
2013-04-30	Common Stock	M	46667	$69.70	Acquired	46667	Direct
2013-04-30	Common Stock	S	46667	$121.0002	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-29	Non-Qualified Stock Option (Right to Buy)	$84.96	M	20667	Disposed	2018-03-26	Common Stock (20667)	Direct
2013-04-29	Non-Qualified Stock Option (Right to Buy)	$73.70	M	68000	Disposed	2020-01-27	Common Stock (68000)	Direct
2013-04-30	Non-Qualified Stock Option (Right to Buy)	$69.70	M	46667	Disposed	2019-03-25	Common Stock (46667)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11368	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $120.48 to $120.79. 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.

F2: This transaction was executed in multiple trades at prices ranging from $121.00 to $121.02. 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 February 27, 2013 and April 29, 2013, the reporting person acquired 177 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: Option granted 3/26/2008. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

F5: Option granted 1/27/2010. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

F6: Option granted 3/25/2009. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.