CHEVRON CORP — Director's Dealing 2015

May 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2015-05-27

Reporting Person: HERNANDEZ ENRIQUE JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-27	Common Stock	A	2178	—	Acquired	17628	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-27	Non-Qualified Stock Option (Right to Buy)	$103.11	A	12780	Acquired	2025-05-27	Common Stock (12780)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1220	Indirect

Footnotes

F1: This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

F2: This number includes the acquisition of dividend equivalent accruals on stock units (520 shares).

F3: Stock option granted in lieu of the annual cash retainer at the Director's election.

F4: The option vests as follows: 50 percent on November 27, 2015 and the remaining 50 percent on the earlier of the last day of the Annual Compensation Cycle to which the grant relates or May 27, 2016