X0203 3 2008-10-16 0 0001035002 VALERO ENERGY CORP/TX VLO 0001448219 Bowers Kimberly S. P.O. BOX 696000 SAN ANTONIO TX 78269-6000 0 1 0 0 EVP and General Counsel Common Stock, $.01 par value 27217 D Common Stock, $.01 par value 1397.9872 I thrift plan Employee stock option (right to buy) 9.825 2013-10-29 Common Stock 9600 D Employee stock option (right to buy) 21.355 2014-10-21 Common Stock 9400 D Employee stock option (right to buy) 47.4775 2012-10-20 Common Stock 4350 D Employee stock option (right to buy) 52.545 2013-10-19 Common Stock 5500 D Employee stock option (right to buy) 71.45 2014-10-25 Common Stock 8725 D Performance shares 2009-01-18 2009-01-18 Common Stock 1909 D Performance Shares 2010-01-18 2010-01-18 Common Stock 1563 D Performance Shares 2011-01-18 2011-01-18 Common Stock 1000 D Options granted 10-29-03; 6,400 are currently exercisable, and 3,200 will vest 10-29-2008. Options granted 10-21-04; 5,640 have vested, and 1,880 will vest on each of 10-21-2008 and 10-21-2009. Options granted 10-20-05; 1,740 have vested, and 870 will vest on each of 10-20-2008, 10-20-2009, and 10-20-2010. Options granted 10-19-06; 1,100 have vested, and 1,100 will vest on each of 10-19-2008, 10-19-2009, 10-19-2010, and 10-19-2011. Options granted 10-25-07; vest in annual 1/5 increments beginning one year from date of grant. The performance shares are payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares. J. Stephen Gilbert, as Attorney-in-Fact for Kimberly S. Bowers 2008-10-20