VALERO ENERGY CORP/TX — Director's Dealing 2020

Jan 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2020-01-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock, $.01 par value	M	141069	—	Acquired	544586	Direct
2020-01-23	Common Stock, $.01 par value	F	55545	$88.35	Disposed	489041	Direct
2020-01-23	Common Stock, $.01 par value	D	42761	—	Disposed	446280	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Performance Shares	$	M	27473	Acquired	2020-01-23	Common Stock (60917)	Direct
2020-01-23	Performance Shares	$	M	23767	Acquired	2021-01-23	Common Stock (42670)	Direct
2020-01-23	Performance Shares	$	M	18007	Acquired	2022-01-23	Common Stock (37482)	Direct

Footnotes

F1: The 446,280 amount does not include 3,531.446 shares indirectly held 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 166.7% of base shares pursuant to the terms of a Performance Share Agreement.