-----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, MZPSNaI4PHvE5F3+fO6+SuYIoMGgSXu04ilc7/tHi7XBTDRNycd9gzOUqTEvyHYN MyXOnG13jeYEsbmbhZfNHg== 0001019718-03-000006.txt : 20030124 0001019718-03-000006.hdr.sgml : 20030124 20030124160209 ACCESSION NUMBER: 0001019718-03-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030122 FILED AS OF DATE: 20030124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALERO ENERGY CORP/TX CENTRAL INDEX KEY: 0001035002 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] 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: 03524230 BUSINESS ADDRESS: STREET 1: ONE VALERO PLACE CITY: SAN ANTONIO STATE: TX ZIP: 78212 BUSINESS PHONE: 2103702000 MAIL ADDRESS: STREET 1: ONE VALERO PLACE CITY: SAN ANTONIO STATE: TX ZIP: 78230 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: KLESSE WILLIAM R CENTRAL INDEX KEY: 0001019718 RELATIONSHIP: OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: PO BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 BUSINESS PHONE: 2106418750 MAIL ADDRESS: STREET 1: PO BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 4 1 edgar.txt FORM 4 - 01/22/03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this 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 Klesse, William R. One Valero Place San Antonio, TX 78212 USA 2. Issuer Name and Ticker or Trading Symbol Valero Energy Corporation VLO 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 01/22/03 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Executive Vice President - Refining and Commercial Operations 7. 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 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 Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock, $.01 par valu|01/23/|A | |1,526 |A | | | | | e (bonus shares) |03 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/23/|F | |611 |D |$36.065 | | | | e (tax withholding from bon|03 | | | | | | | | | us shares) | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/22/|M | |7,001 |A | | | | | e (settlement of '02 perfor|03 | | | | | | | | | mance shares) | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/23/|F | |2,803 |D |$36.065 |62,695 |D |4,979.8878 | e (tax withholding for perf|03 | | | | | | | | | .. share settlement) | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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 | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Performance Shares (aw|(1) |01/22|A | |14,000 |A |(1) |01/20|Common Stock|(1) | |14,000 |D | | ard) | |/03 | | | | | |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (se|(2) |01/22|M | |4,667 |D |01/22|01/20|Common Stock|7,001 (| |9,333 |D | | ttlement of '02 award)| |/03 | | | | |/03 |05 | |2) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Award of performance shares under the Valero Energy Corporation 2001 Executive Stock Incentive Plan. The performance shares vest incrementally over a three year period and are payable in common stock in amounts ranging from zero to 200 percent of the performance shares. (2) Settlement of performance shares at 150% of base shares. SIGNATURE OF REPORTING PERSON J. Stephen Gilbert, as Atty-in-Fact for William R. Klesse DATE 01/24/03 -----END PRIVACY-ENHANCED MESSAGE-----