SEC Form 4 · accession 0001229538-17-000002
VALERO ENERGY CORP/TX · VLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael S Ciskowski
Officer — EVP and CFO
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 4:27 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 26, 2017 | M | 18,666 | $0.00 | A | 134,533 | D | |
| Common Stock, $.01 par value | Jan 26, 2017 | M | 14,698 | $0.00 | A | 149,231 | D | |
| Common Stock, $.01 par value | Jan 26, 2017 | M | 12,068 | $0.00 | A | 161,299 | D | |
| Common Stock, $.01 par valueF1 | Jan 26, 2017 | F | 19,121 | $67.845 | D | 142,178 | 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 26, 2017 | M | 9,333 | D | Jan 26, 2017 | Jan 26, 2017 | Common Stock | 18,666 | 0 | D |
| Performance SharesF2 | — | Jan 26, 2017 | M | 6,930 | D | Jan 26, 2017 | Jan 26, 2018 | Common Stock | 14,698 | 6,930 | D |
| Performance SharesF3 | — | Jan 26, 2017 | M | 7,700 | D | Jan 26, 2017 | Jan 26, 2019 | Common Stock | 12,068 | 15,540 | D |
Explanation of responses
- F1The 142,178 amount does not include (a) 1,018.546 shares indirectly owned by the reporting person in a thrift plan, or (b) 154,465 shares held by an entity controlled by the reporting person.
- F2Settlement of previously awarded performance shares at 200% of base shares.
- F3Settlement of previously awarded performance shares at 150% of base shares.