CHEVRON CORP — Director's Dealing 2017

Nov 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2017-11-13

Reporting Person: Breber Pierre R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-13	Common Stock	M	23250	$73.70	Acquired	42182	Direct
2017-11-13	Common Stock	S	23250	$116.8469	Disposed	18932	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-13	Non-Qualified Stock Option (Right to Buy)	$73.70	M	23250	Disposed	2020-01-27	Common Stock (23250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13921	Indirect
Common Stock	4300	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2017.

F2: This number includes dividend accruals (16 shares).

F3: This transaction was executed in multiple trades at prices ranging from $116.68 to $117.17. 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.

F4: Between February 3, 2017 and November 13, 2017, the reporting person acquired 669 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F5: 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.