VALERO ENERGY CORP/TX — Director's Dealing 2018

May 7, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2018-05-03

Reporting Person: Titzman Donna M. (Director, EVP and CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value	166402	Direct
Common Stock, $.01 par value	20555.037	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$27.318	2022-11-09	Common Stock (6398)		Direct
Employee Stock Option (right to buy)	$39.665	2023-11-08	Common Stock (5860)		Direct
Employee Stock Option (Right to Buy)	$48.565	2024-10-23	Common Stock (4365)		Direct
Performance Shares	$	2019-01-23	Common Stock (7127)		Direct
Performance Shares	$	2020-01-23	Common Stock (5126)		Direct
Performance Shares	$	2021-01-23	Common Stock (2500)		Direct

Footnotes

F1: Options granted 11/09/2012; 6,398 are curretnly exercisable.

F2: Options granted 11/08/2013; 5,860 are currently exercisable.

F3: Options granted 10/23/2014; 4,365 are currently exercisable.

F4: Performance shares are payable in shares of common stock in amounts ranging from zero percent to 200 percent of the performance shares.