VALERO ENERGY CORP/TX — Director's Dealing 2015

Nov 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2015-11-24

Reporting Person: Crownover R. Michael (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-24	Common Stock, $.01 par value	M	4101	$24.582	Acquired	138848	Direct
2015-11-24	Common Stock, $.01 par value	S	4101	$72.9781	Disposed	134747	Direct
2015-11-24	Common Stock, $.01 par value	M	6106	$27.318	Acquired	140853	Direct
2015-11-24	Common Stock, $.01 par value	S	6106	$72.9781	Disposed	134747	Direct
2015-11-24	Common Stock, $.01 par value	M	4466	$39.665	Acquired	139213	Direct
2015-11-24	Common Stock, $.01 par value	S	4466	$72.9781	Disposed	134747	Direct
2015-11-24	Common Stock, $.01 par value	M	2431	$48.565	Acquired	137178	Direct
2015-11-24	Common Stock, $.01 par value	S	2431	$72.9781	Disposed	134747	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-24	Employee Stock Option (right to buy)	$24.582	M	4101	Disposed	2021-10-28	Common Stock (4101)	Direct
2015-11-24	Employee Stock Option (right to buy) Employee	$27.318	M	6106	Disposed	2022-11-09	Common Stock (6106)	Direct
2015-11-24	Employee Stock Option (right to buy)	$39.665	M	4466	Disposed	2023-11-08	Common Stock (4466)	Direct
2015-11-24	Employee Stock Option (right to buy)	$48.565	M	2431	Disposed	2024-10-23	Common Stock (2431)	Direct

Footnotes

F1: The 134,747 amount does not include 4,782.935 shares indirectly owned by the reporting person in a thrift plan.