VALERO ENERGY CORP/TX — Director's Dealing 2012

Dec 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2012-12-14

Reporting Person: KLESSE WILLIAM R (Director, COB, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Common Stock, $.01 par value	M	58000	$9.825	Acquired	935486	Direct
2012-12-14	Common Stock, $.01 par value	S	58000	$33.1229	Disposed	877486	Direct
2012-12-17	Common Stock, $.01 par value	M	50000	$9.825	Acquired	927486	Direct
2012-12-17	Common Stock, $.01 par value	S	50000	$33.8557	Disposed	877486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-14	Employee Stock Option (right to buy)	$9.825	M	58000	Disposed	2013-10-29	Common Stock (58000)	Direct
2012-12-17	Employee Stock Option (right to buy)	$9.825	M	50000	Disposed	2013-10-29	Common Stock (50000)	Direct

Footnotes

F1: The 877,486 amount does not include 25,607.6250 shares indirectly owned by the reporting person in a thrift plan.