Bernier Jean 4
4 · VALERO ENERGY CORP/TX · Filed Nov 1, 2011
Insider Transaction Report
Form 4
Bernier Jean
EVP
Transactions
- Award
Employee Stock Option (right to buy)
2011-10-28+20,000→ 20,000 totalExercise: $26.30Exp: 2021-10-28→ Common Stock (20,000 underlying) - Award
Performance Shares
2011-10-28+40,000→ 40,000 totalExp: 2015-01-31→ Common Stock - Award
Common Stock, $.01 par value
2011-10-28+20,000→ 58,439 total
Footnotes (3)
- [F1]Award of restricted stock subject to time vesting.
- [F2]The stock options vest annually in equal increments over a three-year period beginning in October 2012.
- [F3]The performance shares vest annually in one-third increments beginning in January 2013 and are payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares.