-----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, KZsLyqSLjassC1mUbQUx9bZq4vA1c1A+UZW6JYHboWyknsY4yl0oVM0FTHdIx6MZ 23NG1bRrUXkOHO4RuONHEA== 0001043075-99-000001.txt : 19990211 0001043075-99-000001.hdr.sgml : 19990211 ACCESSION NUMBER: 0001043075-99-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990131 FILED AS OF DATE: 19990210 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: 99526979 BUSINESS ADDRESS: STREET 1: 7990 WEST IH 10 CITY: SAN ANTONIO STATE: TX ZIP: 78230 BUSINESS PHONE: 2103702000 MAIL ADDRESS: STREET 1: 7990 WEST IH10 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 - 01/31/99 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 01/31/99 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) Vice President and General Counsel 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|01/21/|M | |2,700 |A | | | | | e |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/21/|F |V|1,153 |D |$19.25 | | | | e |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/21/|A(1)|V|988 |A | | | | | e |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu|01/28/|F |V|374 |D |$17.75 |15,291 |D | | e |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.01 par valu| | | | | | |728.5866 |I(2) |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)| | ___________________________________________________________________________________________________________________________________| Performance Shares (|1 for 1.|01/21|M | |1,200 |D |01/21|01/23|Common Stock|1,200 | |800 |D | | Settlement) |5 |/99 | | | | |/99 |/00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (|(3) |01/21|A |V|5,500 |A |(3) |01/21|Common Stock|5,500(3| |5,500 |D | | Award) | |/99 | | | | | |/02 | |) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Shares (|1 for 1.|01/21|M | |1,500 |D |01/21|01/29|Common Stock|1,500 | |2,000 |D | | Settlement) |5 |/99 | | | | |/99 |/01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Award of restricted stock under the Valero Energy Corporation Executive Stock Incentive Plan. (2) The information presented is based on plan balances as of January 31, 1999. The information does not reflect transactions and holdings subsequent to the date that are eligible for deferred reporting on Form 5. (3) 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 02/09/99 -----END PRIVACY-ENHANCED MESSAGE-----