VALERO ENERGY CORP/TX — Director's Dealing 2014

Mar 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2014-03-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-17	Common Stock, $.01 par value	M	40000	$15.991	Acquired	1258134	Direct
2014-03-17	Common Stock, $.01 par value	S	40000	$54.459	Disposed	1218134	Direct
2014-03-18	Common Stock, $.01 par value	M	40000	$15.991	Acquired	1258134	Direct
2014-03-18	Common Stock, $.01 par value	S	40000	$54.9153	Disposed	1218134	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-17	Employee Stock Option (right to buy)	$15.991	M	40000	Disposed	2015-10-16	Common Stock (40000)	Direct
2014-03-18	Employee Stock Option (right to buy)	$15.991	M	40000	Disposed	2015-10-16	Common Stock (40000)	Direct

Footnotes

F1: The 1,218,134 amount does not include 26,285.144 shares indirectly owned by the reporting person in a thrift plan.