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: Crownover R. Michael (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-22	Common Stock, $.01 par value	M	13675	—	Acquired	107341	Direct
2015-01-22	Common Stock, $.01 par value	M	7326	—	Acquired	114667	Direct
2015-01-22	Common Stock, $.01 par value	M	5360	—	Acquired	120027	Direct
2015-01-22	Common Stock, $.01 par value	F	8077	$47.515	Disposed	111950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-22	Performance Shares	$	M	8203	Disposed	2015-01-22	Common Stock (13675)	Direct
2015-01-22	Performance Shares	$	M	3663	Disposed	2016-01-22	Common Stock (7326)	Direct
2015-01-22	Performance Shares	$	M	2680	Disposed	2017-01-22	Common Stock (5360)	Direct

Footnotes

F1: The 111,950 amount does not include 4,686.4 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.