SEC Form 4 · accession 0001229538-18-000004
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 23, 2018
Accepted (ET)
Jan 25, 2018 · 5:09 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 23, 2018 | M | 44,850 | $0.00 | A | 102,439 | D | |
| Common Stock, $.01 par value | Jan 23, 2018 | F | 17,651 | $98.685 | D | 84,788 | D | |
| Common Stock, $.01 par valueF1 | Jan 23, 2018 | D | 13,598 | $0.00 | D | 71,190 | 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 23, 2018 | M | 6,930 | D | Jan 25, 2018 | Jan 25, 2018 | Common Stock | 14,830 | 0 | D |
| Performance SharesF3 | — | Jan 23, 2018 | M | 7,770 | D | Jan 25, 2018 | Jan 25, 2019 | Common Stock | 13,088 | 7,770 | D |
| Performance SharesF3 | — | Jan 23, 2018 | M | 10,290 | D | Jan 25, 2018 | Jan 25, 2020 | Common Stock | 16,932 | 20,580 | D |
Explanation of responses
- F1The 71,190 amount does not include (a) 1,061.0681 shares indirectly owned by the reporting person in a thrift plan, or (b) 143,705 shares held by an entity controlled by the reporting person.
- F2Settlement of previously awarded performance shares at 200% of base shares pursuant to the terms of a Performance Share Agreement.
- F3Settlement of previously awarded performance shares at 160% of base shares pursuant to the terms of a Performance Share Agreement.