SEC Form 4 · accession 0001229538-16-000013
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 21, 2016
Accepted (ET)
Jan 25, 2016 · 5:14 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 21, 2016 | M | 26,050 | $0.00 | A | 87,560 | D | |
| Common Stock, $.01 par value | Jan 21, 2016 | M | 18,666 | $0.00 | A | 106,226 | D | |
| Common Stock, $.01 par value | Jan 21, 2016 | M | 14,228 | $0.00 | A | 120,454 | D | |
| Common Stock, $.01 par valueF1 | Jan 21, 2016 | F | 22,507 | $64.115 | D | 97,947 | 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 21, 2016 | M | 13,025 | D | Jan 21, 2016 | Jan 21, 2016 | Common Stock | 26,050 | 0 | D |
| Performance SharesF2 | — | Jan 21, 2016 | M | 9,333 | D | Jan 21, 2016 | Jan 21, 2017 | Common Stock | 18,666 | 9,333 | D |
| Performance SharesF2 | — | Jan 21, 2016 | M | 6,930 | D | Jan 21, 2016 | Jan 21, 2018 | Common Stock | 14,228 | 13,860 | D |
Explanation of responses
- F1The 97,947 amount does not include (a) 978.203 shares indirectly owned by the reporting person in a thrift plan, or (b) 212,411 shares held by an entity controlled by the reporting person.
- F2Settlement of previously awarded performance shares at 200% of base shares.