CHEVRON CORP — Director's Dealing 2014

Jan 8, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2014-01-01

Reporting Person: Breber Pierre R (Vice President and President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	516	Direct
Common Stock	10579	Indirect
Common Stock	4300	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (Right to Buy)	$56.63	2016-03-23	Common Stock (10000)		Direct
Non-Qualified Stock Option (Right to Buy)	$74.08	2017-03-28	Common Stock (26000)		Direct
Non-Qualified Stock Option (Right to Buy)	$84.96	2018-03-26	Common Stock (23000)		Direct
Non-Qualified Stock Option (Right to Buy)	$69.70	2019-03-25	Common Stock (45000)		Direct
Non-Qualified Stock Option (Right to Buy)	$73.70	2020-01-27	Common Stock (46500)		Direct
Non-Qualified Stock Option (Right to Buy)	$94.64	2021-01-26	Common Stock (53000)		Direct
Non-Qualified Stock Option (Right to Buy)	$107.73	2022-01-25	Common Stock (37000)		Direct
Non-Qualified Stock Option (Right to Buy)	$116.45	2023-01-30	Common Stock (37000)		Direct
Phantom Stock	$		Common Stock (14633)		Direct
Phantom Stock Units	$		Common Stock (1239)		Indirect
Phantom Stock Units	$		Common Stock (5600)		Direct
Phantom Stock Units	$		Common Stock (10664)		Direct

Footnotes

F1: As of January 2, 2014, this number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F2: Option granted 3/23/2006. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

F3: 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.

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 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.

F6: 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.

F7: Option granted 1/26/2011. One-third of the shares subject to the option vested on each of the first and second anniversaries of the date of grant. The balance of the shares vests on the third anniversary of the date of grant.

F8: Option granted 1/25/2012. One-third of the shares subject to the option vested on the first anniversary of the date of grant. The balance of the shares vests each of the second and third anniversaries of the date of grant.

F9: Option granted 1/30/2013. One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F10: The shares of phantom stock issued under the Chevron Deferred Compensation Plan for Management Employees II become payable in common stock upon the reporting person's termination of service.

F11: 1-for-1.

F12: Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.

F13: Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units were issued under the Chevron LTIP and vest on January 26, 2014 and are payable in cash.

F14: Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units were issued under the Chevron LTIP and vest on December 6, 2015 and are payable in cash.