VALERO ENERGY CORP/TX — Director's Dealing 2018

Jan 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2018-01-23

Reporting Person: Simmons Gary K. (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-23	Common Stock, $.01 par value	M	13374	—	Acquired	119708	Direct
2018-01-23	Common Stock, $.01 par value	F	5313	$98.685	Disposed	114395	Direct
2018-01-23	Common Stock, $.01 par value	D	4029	—	Disposed	110366	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-23	Performance Shares	$	M	2083	Disposed	2018-01-23	Common Stock (4458)	Direct
2018-01-23	Performance Shares	$	M	2333	Disposed	2019-01-23	Common Stock (3930)	Direct
2018-01-23	Performance Shares	$	M	3030	Disposed	2020-01-23	Common Stock (4986)	Direct

Footnotes

F1: The 110,366 amount does not include 9,492.767 shares indirectly owned by the reporting person in a thrift plan.

F2: Settlement of previously awarded performance shares at 200% of base shares pursuant to the terms of a Performance Share Agreement.

F3: Settlement of previously awarded performance shares at 160% of base shares pursuant to the terms of a Performance Share Agreement.