VALERO ENERGY CORP/TX — Director's Dealing 2012

Dec 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2012-12-19

Reporting Person: CISKOWSKI MICHAEL S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-19	Common Stock, $.01 par value	M	46000	$21.355	Acquired	301988	Direct
2012-12-19	Common Stock, $.01 par value	S	46000	$33.956	Disposed	255988	Direct
2012-12-19	Common Stock, $.01 par value	M	64000	$17.11	Acquired	319988	Direct
2012-12-19	Common Stock, $.01 par value	S	64000	$33.956	Disposed	255988	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-19	Employee Stock Option (right to buy)	$21.355	M	46000	Disposed	2014-10-21	Common Stock (46000)	Direct
2012-12-19	Employee Stock Option (right to buy)	$17.11	M	64000	Disposed	2015-10-16	Common Stock (64000)	Direct

Footnotes

F1: The 255,988 amount does not include 908.3770 shares indirectly owned by the reporting person in a thrift plan.