SEC Form 4 · accession 0001606401-17-000010
VALERO ENERGY CORP/TX · VLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Lane Riggs
Officer — EVP
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 4:46 pm EDT
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 valueF1 | Nov 1, 2017 | A | 15,640 | $0.00 | A | 143,877 | D | |
| Common Stock, $.01 par value | Nov 2, 2017 | F | 2,510 | $81.465 | D | 141,367 | 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 | — | Nov 1, 2017 | A | 15,640 | A | — | Jan 31, 2021 | Common Stock | — | 15,640 | D |
Explanation of responses
- F1Award of restricted common shares subject to time vesting.
- F2The performance shares vest annually in one-third increments beginning in January 2019, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares, and the reporting person may designate to receive up to 50 percent of the vested shares, if any, in cash equivalent based on the vesting date value.