X0202 4 2006-03-01 0000093410 CHEVRON CORP CVX 0001194913 HILLS CARLA A HILLS & COMPANY INT?L CONSULTANTS 901 ? FIFTEENTH ST., NW, SUITE 400 WASHINGTON DC 20005 1 Phantom Stock 0 2006-03-01 4 I 0 371 57.35 A Common Stock 371 371 D The shares of phantom stock issued under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan become payable in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service. 1-for-1 This number includes dividend equivalent accruals under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan. Christopher A. Butner on behalf of Carla A. Hills 2006-03-03