CHEVRON CORP — Director's Dealing 2020

May 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2020-05-27

Reporting Person: Austin Wanda M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-27	Common Stock	A	2411	—	Acquired	4436	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-27	Non-Qualified Stock Option (Right to Buy)	$93.90	A	12039	Acquired	2030-05-27	Common Stock (12039)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5352	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 and the acquisition of stock resulting from the reinvestment of dividends on vested stock units (225) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

F3: Includes 5,352 shares previously directly owned, which are now indirectly owned by the Austin Family Trust.

F4: Stock option granted in lieu of the annual cash retainer at the Director's election.

F5: The option vests as follows: 50 percent on November 27, 2020 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, 2021.