VALERO ENERGY CORP/TX — Director's Dealing 2017

Jan 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2017-01-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-26	Common Stock, $.01 par value	M	25420	—	Acquired	364377	Direct
2017-01-26	Common Stock, $.01 par value	M	37164	—	Acquired	401541	Direct
2017-01-26	Common Stock, $.01 par value	M	30425	—	Acquired	431966	Direct
2017-01-26	Common Stock, $.01 par value	S	39057	$67.845	Disposed	392909	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-26	Performance Shares	$	M	12710	Disposed	2017-01-26	Common Stock (25420)	Direct
2017-01-26	Performance Shares	$	M	17523	Disposed	2018-01-26	Common Stock (37164)	Direct
2017-01-26	Performance Shares	$	M	19590	Disposed	2019-01-26	Common Stock (30425)	Direct

Footnotes

F1: The 392,909 amount does not include 3,140.233 shares indirectly owned by the person in a thrift plan.

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

F3: Settlement of previously awarded performance shares at 150% of base shares.