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: Fraser Jason W. (EVP and GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock, $.01 par value	M	11833	—	Acquired	56007	Direct
2020-01-23	Common Stock, $.01 par value	F	4718	$88.35	Disposed	51289	Direct
2020-01-23	Common Stock, $.01 par value	D	3555	—	Disposed	47734	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Performance Shares	$	M	1833	Acquired	2020-01-23	Common Stock (4065)	Direct
2020-01-23	Performance Shares	$	M	1833	Acquired	2021-01-23	Common Stock (3292)	Direct
2020-01-23	Performance Shares	$	M	2150	Acquired	2022-01-23	Common Stock (4476)	Direct

Footnotes

F1: Settlement of previously awarded performance shares at 200% of base shares pursuant to the terms of a Performance Share Agreement.

F2: Settlement of previously awarded performance shares at 166.7% of base shares pursuant to the terms of a Performance Share Agreement.