-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BcgiHWRcKfHe2G7+Jw3nKAK8gcvU4NW/f5cAOLsVWR/NcYvookH2bP7ZKZtSb+/P Od65lrwik03HepW6fh77ew== 0001015547-97-000001.txt : 19970812 0001015547-97-000001.hdr.sgml : 19970812 ACCESSION NUMBER: 0001015547-97-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970731 FILED AS OF DATE: 19970811 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALERO REFINING & MARKETING CO CENTRAL INDEX KEY: 0001035002 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 741828067 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13175 FILM NUMBER: 97655366 BUSINESS ADDRESS: STREET 1: 530 MCCULLOUGH AVENUE CITY: SAN ANTONIO STATE: TX ZIP: 78215 BUSINESS PHONE: 2102462000 MAIL ADDRESS: STREET 1: 530 MCCULLOUGH AVENUE CITY: SAN ANTONIO STATE: TX ZIP: 78215 COMPANY DATA: COMPANY CONFORMED NAME: MANNING E BAINES CENTRAL INDEX KEY: 0001015547 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 530 MCCULLOUGH AVE CITY: SAN ANTONIO STATE: TX ZIP: 78215 BUSINESS PHONE: 2102462000 MAIL ADDRESS: STREET 1: 530 MCCULLOUGH AVENUE CITY: SAN ANTONIO STATE: TX ZIP: 78215 4 1 FORM 4 - 07/31/97 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. FORM 4 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Manning, E. Baines 530 McCullough Avenue San Antonio, TX 78215 USA 2. Issuer Name and Ticker or Trading Symbol Valero Energy Corporation (VLO) (1) (formerly Valero Refining and Marketing Company) 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 07/31/97 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Senior Vice President
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock ($.01 par valu|07/31/|J(2)| |33,798 |A |(2) |33,798 |D | | e) |97 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock ($.01 par valu|07/31/|J(2)| |18,614.942 |A |(2) |18,614.942 |I |401(k) and other | e) |97 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | |ongoing | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | |acquisition plans | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Employee Stock Option |$19.9192|07/31|J(3)| |11,202 |A |03/06|03/06|Common Stock|11,202 | |11,202 |D | | (right to buy) | |/97 | | | | |/93 |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$16.2785|07/31|J(3)| |3,361 |A |09/17|09/17|Common Stock|3,361 | |3,361 |D | | (right to buy) | |/97 | | | | |/95 |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$15.5252|07/31|J(3)| |13,442 |A |01/20|01/20|Common Stock|13,442 | |13,442 |D | | (right to buy) | |/97 | | | | |/96 |/03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$14.1024|07/31|J(3)| |19,416 |A |01/20|01/20|Common Stock|19,416 | |19,416 |D | | (right to buy) | |/97 | | | | |/97 |/04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$12.7215|07/31|J(3)| |75,424 |A |07/21|07/21|Common Stock|75,424 | |75,424 |D | | (right to buy) | |/97 | | | | |/97 |/04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$18.4545|07/31|J(3)| |26,884 |A |06/18|05/30|Common Stock|26,884 | |26,884 |D | | (right to buy) | |/97 | | | | |/97 |/06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$21.7186|07/31|J(3)| |58,248 |A |(4) |03/13|Common Stock|58,248 | |58,248 |D | | (right to buy) | |/97 | | | | | |/07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares |(5) |07/31|J(3)| |5,377 |A |(5) |01/22|Common Stock|5,377 | |5,377 |D | | | |/97 | | | | | |/99 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares |(5) |07/31|J(3)| |7,468 |A |(5) |01/23|Common Stock|7,468 | |7,468 |D | | | |/97 | | | | | |/00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) As a result of the merger (the "Merger") of Valero Energy Corporation ("VEC") with a subsidiary of a third party registrant, and the distribution (the "Distribution") of all of the issued and outstanding capital stock of Valero Refining and Marketing Company ("VRMC") by VEC to the stockholders of record of VEC on July 31, 1997, VRMC changed its name to Valero Energy Corporation ("New Valero") and commenced trading on the New York Stock Exchange on August 1, 1997 under the ticker symbol "VLO." (2) Acquired in the Distribution. (3) The options and performance shares reported were assumed by New Valero in the Merger and are now exercisable for New Valero common stock, $.01 par value, on the same terms, subject, however, to the adjustment of the exercise price and the number of shares which may be purchased upon exercise of such derivative securities pursuant to the Employee Benefits Agreement dated July 31, 1997, between VEC and New Valero. The reported exercise price and number of derivative securities acquired reflect such adjustment. (4) Options vest one-third annually over three years commencing March 13, 1997. (5) The performance shares vest incrementally over a three-year period and are payable in common stock in amounts ranging from 0 to 200 percent of the performance shares. SIGNATURE OF REPORTING PERSON /s/ Eric A. Fisher as Attorney-in-Fact DATE 08/11/97 -----END PRIVACY-ENHANCED MESSAGE-----