CHEVRON CORP — Director's Dealing 2017

Feb 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2017-02-02

Reporting Person: Breber Pierre R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-02	Common Stock	M	45000	$69.70	Acquired	63916	Direct
2017-02-02	Common Stock	S	45000	$111.7976	Disposed	18916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-02	Non-Qualified Stock Option (Right to Buy)	$69.70	M	45000	Disposed	2019-03-25	Common Stock (45000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13252	Indirect
Common Stock	4300	Indirect

Footnotes

F1: This number includes dividend accruals (5 shares).

F2: This transaction was executed in multiple trades at prices ranging from $111.44 to $112.03. 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 December 9, 2016 and February 2, 2017, the reporting person acquired 205 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.