CHEVRON CORP — Director's Dealing 2014

May 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2014-05-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	G	3000	—	Disposed	0	Direct
2014-05-06	Common Stock	M	150000	$69.70	Acquired	150000	Direct
2014-05-06	Common Stock	S	150000	$125.2332	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-06	Non-Qualified Stock Option (Right to Buy)	$69.70	M	150000	Disposed	2019-03-25	Common Stock (150000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42669	Indirect
Common Stock	53300	Indirect

Footnotes

F1: "Bona fide gift" and involves no payment of consideration by the recipient of the gift.

F2: This transaction was executed in multiple trades at prices ranging from $125.00 to $125.42. 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 13, 2014 and May 6, 2014, the reporting person acquired 440 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: 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.