VALERO ENERGY CORP/TX — Director's Dealing 2014

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2014-03-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock, $.01 par value	M	20300	$15.991	Acquired	1345108	Direct
2014-03-06	Common Stock, $.01 par value	S	20300	$52.4452	Disposed	1324808	Direct
2014-03-06	Common Stock, $.01 par value	S	53426	$52.3901	Disposed	1271382	Direct
2014-03-07	Common Stock, $.01 par value	G	53248	—	Disposed	1218134	Direct
2014-03-07	Common Stock, $.01 par value	M	30200	$15.991	Acquired	1248334	Direct
2014-03-07	Common Stock, $.01 par value	S	30200	$52.9358	Disposed	1218134	Direct
2014-03-10	Common Stock, $.01 par value	M	30000	$15.991	Acquired	1248134	Direct
2014-03-10	Common Stock, $.01 par value	S	30000	$53.2737	Disposed	1218134	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Employee Stock Option (right to buy)	$15.991	M	20300	Disposed	2015-10-16	Common Stock (20300)	Direct
2014-03-07	Employee Stock Option (right to buy)	$15.991	M	30200	Disposed	2015-10-16	Common Stock (30200)	Direct
2014-03-10	Employee Stock Option (right to buy)	$15.991	M	30000	Disposed	2015-10-16	Common Stock (30000)	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.