VALERO ENERGY CORP/TX — Director's Dealing 2017

Nov 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2017-11-01

Reporting Person: CISKOWSKI MICHAEL S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-01	Common Stock, $.01 par value	A	25530	—	Acquired	92943	Direct
2017-11-01	Commn Stock, $.01 par value	F	10710	$80.00	Disposed	82233	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-01	Performance Shares	$	A	25530	Acquired	2021-01-31	Common Stock ()	Direct

Footnotes

F1: Award of restricted common shares subject to time vesting.

F2: Shares withheld to satisfy tax obligation for restricted stock holdings.

F3: The 82,233 amount does not include (a) 1,051.602 shares indirectly owned by the reporting person in a thrift plan, or (b) 176,218 shares held by an entity controlled by the reporting person.

F4: The performance shares vest annually in one-third increments beginning in January 2019, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares, and the reporting person may designate to receive up to 50 percent of the vested shares, if any, in cash equivalent based on the vesting date value.