SEC Form 4 · accession 0001229538-15-000002
VALERO ENERGY CORP/TX · VLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Ciskowski
Officer — EVP and CFO
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001035002
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value | Jan 22, 2015 | M | 49,944 | $0.00 | A | 297,110 | D | |
| Common Stock, $.01 par value | Jan 22, 2015 | M | 26,050 | $0.00 | A | 323,160 | D | |
| Common Stock, $.01 par value | Jan 22, 2015 | M | 18,668 | $0.00 | A | 341,828 | D | |
| Common Stock, $.01 par valueF1 | Jan 22, 2015 | F | 36,716 | $47.515 | D | 305,112 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | — | Jan 22, 2015 | M | 29,960 | D | Jan 22, 2015 | Jan 22, 2015 | Common Stock | 49,944 | 0 | D |
| Performance SharesF3 | — | Jan 22, 2015 | M | 13,025 | D | Jan 22, 2015 | Jan 22, 2016 | Common Stock | 26,050 | 13,025 | D |
| Performance SharesF3 | — | Jan 22, 2015 | M | 9,334 | D | Jan 22, 2015 | Jan 22, 2017 | Common Stock | 18,668 | 18,666 | D |
Explanation of responses
- F1The 305,112 amount does not include (a) 951.8309 shares indirectly owned by the reporting person in a thrift plan, or (b) 82,678 shares held by an entity controlled by the reporting person.
- F2Settlement of previously awarded performance shares at 166.7% of base shares.
- F3Settlement of previously awarded performance shares at 200% of base shares.