VALERO ENERGY CORP/TX — Director's Dealing 2012

Nov 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2012-11-19

Reporting Person: MARBUT BOB (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-19	Common Stock, $.01 par value	M	10000	$16.0325	Acquired	32838	Direct
2012-11-19	Common Stock, $.01 par value	S	10000	$30.0822	Disposed	22838	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-19	Stock Option (right to buy)	$16.0325	M	10000	Disposed	2014-04-29	Common Stock (10000)	Direct

Footnotes

F1: The 22,838 amount does not include 22,184 indirectly owned shares held by a corporation owned by the reporting person.