FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HERNANDEZ ENRIQUE JR
2. Issuer Name and Ticker or Trading Symbol

CHEVRON CORP [ CVX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DE LACEY AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/12/2020
(Street)

PASADENA, CA 91105
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/12/2020  M  7646 A$71.55 23778 (1)D  
Common Stock 2/12/2020  S  4900 D$111.713 (2)18878 D  
Common Stock         15373 (3)I by Hernandez Family Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $71.55 2/12/2020  M     7646  5/26/2011 (4)5/26/2020 Common Stock 7646 $0 0 D  

Explanation of Responses:
(1) This number includes the acquisition of dividend equivalent accruals on stock units (468) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
(2) This transaction was executed in multiple trades at prices ranging from $111.64 to $111.76. 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 sold at each separate price within the range provided.
(3) Includes 1,926 shares previously directly owned, which are now indirectly owned by the Hernandez Family Trust.
(4) Option granted May 26, 2010. Fifty percent of the shares subject to the option vested on November 26, 2010 and May 24, 2011. The option became exercisable on May 26, 2011.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
HERNANDEZ ENRIQUE JR
INTER-CON SECURITY SYSTEMS, INC.
210 SOUTH DE LACEY AVENUE
PASADENA, CA 91105
X



Signatures
/s/ Christine L. Cavallo, Attorney-in-Fact for Enrique Hernandez, Jr.2/14/2020
**Signature of Reporting PersonDate

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