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: CISKOWSKI MICHAEL S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-26	Common Stock, $.01 par value	M	18666	—	Acquired	134533	Direct
2017-01-26	Common Stock, $.01 par value	M	14698	—	Acquired	149231	Direct
2017-01-26	Common Stock, $.01 par value	M	12068	—	Acquired	161299	Direct
2017-01-26	Common Stock, $.01 par value	F	19121	$67.845	Disposed	142178	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-26	Performance Shares	$	M	9333	Disposed	2017-01-26	Common Stock (18666)	Direct
2017-01-26	Performance Shares	$	M	6930	Disposed	2018-01-26	Common Stock (14698)	Direct
2017-01-26	Performance Shares	$	M	7700	Disposed	2019-01-26	Common Stock (12068)	Direct

Footnotes

F1: The 142,178 amount does not include (a) 1,018.546 shares indirectly owned by the reporting person in a thrift plan, or (b) 154,465 shares held by an entity controlled by the reporting person.

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

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