Valero Energy (VLO) Form 3 VALERO ENERGY / Donna M. Titzman ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Titzman Donna M.

(Last) (First) (Middle)

P.O. BOX 696000

(Street)

SAN ANTONIO TX 78269-6000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/03/2018

3. Issuer Name and Ticker or Trading Symbol
VALERO ENERGY CORP/TX [ VLO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP and CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $.01 par value	166,402	D
Common Stock, $.01 par value	20,555.037	I	Thrift Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(1)	11/09/2022	Common Stock	6,398	27.318	D
Employee Stock Option (right to buy)	(2)	11/08/2023	Common Stock	5,860	39.665	D
Employee Stock Option (Right to Buy)	(3)	10/23/2024	Common Stock	4,365	48.565	D
Performance Shares	01/23/2019	01/23/2019	Common Stock	7,127	(4)	D
Performance Shares	01/23/2020	01/23/2020	Common Stock	5,126	(4)	D
Performance Shares	01/23/2021	01/23/2021	Common Stock	2,500	(4)	D

Explanation of Responses:

1. Options granted 11/09/2012; 6,398 are curretnly exercisable.

2. Options granted 11/08/2013; 5,860 are currently exercisable.

3. Options granted 10/23/2014; 4,365 are currently exercisable.

4. Performance shares are payable in shares of common stock in amounts ranging from zero percent to 200 percent of the performance shares.

Remarks:

	Ethan A. Jones, as Attorney-in-Fact for Donna M. Titzman	05/07/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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