SEC Form 4 · accession 0001350220-18-000004
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 23, 2018
Accepted (ET)
Jan 25, 2018 · 5:17 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 | 115,700 | $0.00 | A | 519,998 | D | |
| Common Stock, $.01 par value | Jan 23, 2018 | F | 45,556 | $98.685 | D | 474,442 | D | |
| Common Stock, $.01 par valueF1 | Jan 23, 2018 | D | 35,071 | $0.00 | D | 439,371 | 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 | 17,523 | D | Jan 23, 2018 | Jan 23, 2018 | Common Stock | 37,497 | 0 | D |
| Performance SharesF3 | — | Jan 23, 2018 | M | 19,590 | D | Jan 23, 2018 | Jan 23, 2019 | Common Stock | 32,996 | 19,590 | D |
| Performance SharesF3 | — | Jan 23, 2018 | M | 27,474 | D | Jan 23, 2018 | Jan 23, 2020 | Common Stock | 45,207 | 59,946 | D |
Explanation of responses
- F1The 439,371 amount does not include 3,268.25 shares indirectly owned by the reporting person in a thrift plan.
- 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.