VALERO ENERGY CORP/TX — Director's Dealing 2015

Jan 26, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2015-01-22

Reporting Person: Gorder Joseph W (Director, President, CEO and COB)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-22	Common Stock, $.01 par value	M	29728	—	Acquired	294924	Direct
2015-01-22	Common Stock, $.01 par value	M	30052	—	Acquired	324976	Direct
2015-01-22	Common Stock, $.01 par value	M	25420	—	Acquired	350396	Direct
2015-01-22	Common Stock, $.01 par value	F	32724	$47.515	Disposed	317672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-22	Performance Shares	$	M	17833	Disposed	2015-01-22	Common Stock (29728)	Direct
2015-01-22	Performance Shares	$	M	15026	Disposed	2016-01-22	Common Stock (30052)	Direct
2015-01-22	Performance Shares	$	M	12710	Disposed	2017-01-22	Common Stock (25420)	Direct

Footnotes

F1: The 317,672 amount does not include 2,934.546 shares indirectly owned by the reporting person in a thrift plan.

F2: Settlement of previously awarded performance shares at 166.7% of base shares.

F3: Settlement of previously awarded performance shares at 200% of base shares.