SEC Form 4 · accession 0001350220-17-000002
VALERO ENERGY CORP/TX · VLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Gorder
Officer — COB, President and CEO · Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 4:35 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 | 25,420 | $0.00 | A | 364,377 | D | |
| Common Stock, $.01 par value | Jan 26, 2017 | M | 37,164 | $0.00 | A | 401,541 | D | |
| Common Stock, $.01 par value | Jan 26, 2017 | M | 30,425 | $0.00 | A | 431,966 | D | |
| Common Stock, $.01 par valueF1 | Jan 26, 2017 | S | 39,057 | $67.845 | D | 392,909 | 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 | 12,710 | D | Jan 26, 2017 | Jan 26, 2017 | Common Stock | 25,420 | 0 | D |
| Performance SharesF2 | — | Jan 26, 2017 | M | 17,523 | D | Jan 26, 2017 | Jan 26, 2018 | Common Stock | 37,164 | 17,523 | D |
| Performance SharesF3 | — | Jan 26, 2017 | M | 19,590 | D | Jan 26, 2017 | Jan 26, 2019 | Common Stock | 30,425 | 39,180 | D |
Explanation of responses
- F1The 392,909 amount does not include 3,140.233 shares indirectly owned by the person in a thrift plan.
- F2Settlement of previously awarded performance shares at 200% of base shares.
- F3Settlement of previously awarded performance shares at 150% of base shares.