SEC Form 4 · accession 0001593060-15-000002
VALERO ENERGY CORP/TX · VLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay D. Browning
Officer — EVP & GC
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 4:06 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 22, 2015 | M | 13,080 | $0.00 | A | 160,263 | D | |
| Common Stock, $.01 par value | Jan 22, 2015 | M | 6,698 | $0.00 | A | 166,961 | D | |
| Common Stock, $.01 par value | Jan 22, 2015 | M | 5,588 | $0.00 | A | 172,549 | D | |
| Common Stock, $.01 par valueF1 | Jan 22, 2015 | F | 7,659 | $47.515 | D | 164,890 | 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 22, 2015 | M | 7,846 | D | Jan 22, 2015 | Jan 22, 2015 | Common Stock | 13,080 | 0 | D |
| Performance SharesF3 | — | Jan 22, 2015 | M | 3,349 | D | Jan 22, 2015 | Jan 22, 2016 | Common Stock | 6,698 | 3,349 | D |
| Performance SharesF3 | — | Jan 22, 2015 | M | 2,794 | D | Jan 22, 2015 | Jan 22, 2017 | Common Stock | 5,588 | 5,586 | D |
Explanation of responses
- F1The 164,890 amount does not include 358.1761 shares indirectly owned by the reporting person in a thrift plan.
- F2Settlement of previously awarded performance shares at 166.7% of base shares.
- F3Settlement of previously awarded performance shares at 200% of base shares.