UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
FORM 3
OMB APROVAL
OMB NUMBER: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response........0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
TEXACO INC.
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(Last) (First) (Middle)
2000 Westchester Avenue
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(Street)
White Plains New York 10650
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2000
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Chevron Corporation (CHV)
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5. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
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Officer (give title below) Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table I Non-Derivative Securities Beneficially Owned
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<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Instr. 4) Beneficially Owned Form: Direct Beneficial Ownership
(Instr. 4) (D) or Indirect (Instr. 5)
(I)(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(Over)
SEC 1473 (7-96)
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Table II Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature
Security (Instr. 4) and Expiration Securities Underlying sion or ship of In-
Date (Month/Day/ Year) Derivative Securities Exercise Form of direct
------------------------- (Instr. 4) Price of Deriv- Bene-
Date Expira- ------------------------- Derivative ative ficial
Exer- tion Title Amount Security Security: Owner-
cisable Date or Direct ship
Number (D) or (Instr.
of Indirect 5)
Shares (I)
(Instr.
5)
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No Securities Owned *
Explanation of Responses:
* Explanation of Responses: In connection with the Agreement and Plan of Merger
dated as of October 15, 2000 among Texaco Inc. ("Texaco"), Chevron Corporation
("Chevron") and Keepep, Inc. ("Merger Sub"), Texaco and Chevron entered into a
Stock Option Agreement pursuant to which Chevron granted to Texaco an option
(the "Option") to purchase up to 127,000,000 shares of common stock, par value /s/ Michael H. Rudy October 25, 2000
$0.75 of Chevron (the "Option Shares") for a purchase price of $85.96 per ----------------------------- ----------------
share. Prior to the exercise of the Option, Texaco is not entitled to any Signature of Reporting Person Date
rights as a shareholder of Chevron as to the Option Shares. The Option may only
be exercised upon the happening of certain events, none of which has occurred Michael H. Rudy,
as of the date hereof. Prior to such occurrence, Texaco expressly Secretary, on behalf of
disclaims beneficial ownership of the Option Shares. Texaco, Inc.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
SEC 1473 (7-96)
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