VALERO ENERGY CORP/TX — Director's Dealing 2016

Jan 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2016-01-21

Reporting Person: CISKOWSKI MICHAEL S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-21	Common Stock, $.01 par value	M	26050	—	Acquired	87560	Direct
2016-01-21	Common Stock, $.01 par value	M	18666	—	Acquired	106226	Direct
2016-01-21	Common Stock, $.01 par value	M	14228	—	Acquired	120454	Direct
2016-01-21	Common Stock, $.01 par value	F	22507	$64.115	Disposed	97947	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-21	Performance Shares	$	M	13025	Disposed	2016-01-21	Common Stock (26050)	Direct
2016-01-21	Performance Shares	$	M	9333	Disposed	2017-01-21	Common Stock (18666)	Direct
2016-01-21	Performance Shares	$	M	6930	Disposed	2018-01-21	Common Stock (14228)	Direct

Footnotes

F1: The 97,947 amount does not include (a) 978.203 shares indirectly owned by the reporting person in a thrift plan, or (b) 212,411 shares held by an entity controlled by the reporting person.

F2: Settlement of previously awarded performance shares at 200% of base shares.