The present study deals with the rival forms of the verb чтить. According to the Spelling Dictionary of Russian (RAS), the standard conjugation of this verb is following: чту, чтишь, чтит, чтим, чтите, чтят / чтут. The form of 3PL has two variants, while all others are ones of the IInd conjugation. The following questions arise: 1. How did it happen? 2. Does the verb чтить also have other variants for the rest of its forms?