CHEVRON CORP — Director's Dealing 2016

May 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2016-05-02

Reporting Person: Deily Linnet F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-02	Common Stock	M	1456	$61.36	Acquired	25279	Direct
2016-05-02	Common Stock	S	869	$103.2737	Disposed	24410	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-02	Non-Qualified Stock Option (Right to Buy)	$61.36	M	1456	Disposed	2016-06-28	Common Stock (1456)	Direct

Footnotes

F1: This number includes the acquisition of dividend equivalent accruals on stock units (260 shares) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

F2: The option vests as follows: fifty percent on January 1, 2007 and the remaining fifty percent on June 28, 2007.