-----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, OUrgomWk5Zoo4wFulIeNLJ8BvZ4Sc2DmqIVx3bN5e39OYcc2pkwHnNzHbLvGf8el sN4WaQCntIqvrPgYCUW3Aw== 0001043075-00-000001.txt : 20000210 0001043075-00-000001.hdr.sgml : 20000210 ACCESSION NUMBER: 0001043075-00-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000131 FILED AS OF DATE: 20000209 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: SEC FILE NUMBER: 001-13175 FILM NUMBER: 528084 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 COMPANY DATA: COMPANY CONFORMED NAME: KING GREGORY C CENTRAL INDEX KEY: 0001043075 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] OFFICER STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 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 4 1 FORM 4 - 01/31/2000 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 King, Gregory C. 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 01/31/2000 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) Senior Vice President and Chief Operating Officer 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|01/20/|A |V|2,474 |A | | | | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/20/|M | |2,000 |A | | | | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/20/|M | |3,668 |A | | | | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/20/|F |V|2,998 |D |$21.8125 | | | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/20/|M | |2,615 |A | | | | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/28/|F |V|697 |D |$22.125 |28,721 |D | | e |00 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu| | | | | | |1,208.3334 |I |401(k) Plan | e | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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)| | ___________________________________________________________________________________________________________________________________| Employee Stock Option |$17.50 |10/21|A |V|12,500 |A |10/21|01/28|Common Stock|12,500 | |12,500 |D | | (right to buy) | |/99 | | | | |/00 (|/08 (| | | | | | | | | | | | | |1) |1) | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (aw|(2) |01/20|A |V|10,000 |A |(2) |01/20|Common Stock|10,000 | |10,000 |D | | ard) | |/00 | | | | | |/03 | |(2) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (se|1 for 2 |01/20|M | |1,600 |D |01/20|01/23|Common Stock|1,600 | |0 |D | | ttlement) | |/00 | | | | |/00 |/00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (se|1 for 2 |01/20|M | |2,000 |D |01/20|01/28|Common Stock|2,000 | |1,000 |D | | ttlement) | |/00 | | | | |/00 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (se|1 for 2 |01/20|M | |3,668 |D |01/20|01/20|Common Stock|3,668 | |3,668 |D | | ttlement) | |/00 | | | | |/00 |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) The option vests in three equal annual installments beginning October 21, 2000. The option is automatically exercised in the event the average of the high and low sales price per share of Valero's common stock on the New York Stock Exchange equals or exceeds $31.25 with respect to portions of the options which have vested. (2) Award of performance shares under the Valero Energy Corporation 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. SIGNATURE OF REPORTING PERSON /s/ Gregory C. King DATE 02/08/00 -----END PRIVACY-ENHANCED MESSAGE-----