I opened Convert/Save, and chose H264+AAC codecs profile in MP4 container. In result the player is working (device was selected correctly), but the produced file contains nothing (it's just a few kilobytes large). When VLC is run from console, it displays this:
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[0x7f8fac00f358] main input error: ES_OUT_RESET_PCR called
[0x7f8fac00f358] main input error: ES_OUT_RESET_PCR called
x264 [info]: using cpu capabilities: MMX2 SSE2Fast SSSE3 SSE4.1 Cache64
x264 [info]: profile High, level 3.0
[libfaac @ 0x7f8f78018ee0] Channel layout not specified
[mpeg2video @ 0x7f8f8c019cc0] warning: first frame is no keyframe
x264 [info]: using SAR=8/9
x264 [info]: using cpu capabilities: MMX2 SSE2Fast SSSE3 SSE4.1 Cache64
x264 [info]: profile High, level 3.0
[0x7f8fac00f358] main input error: ES_OUT_RESET_PCR called
[0x7f8fac00f358] main input error: ES_OUT_RESET_PCR called
[libfaac @ 0x7f8f78018ee0] 4 frames left in the queue on closing
x264 [info]: using cpu capabilities: MMX2 SSE2Fast SSSE3 SSE4.1 Cache64
x264 [info]: profile High, level 3.0
[libfaac @ 0x7f8f8c035640] Channel layout not specified
[0x7f8f90004a78] main mux error: cannot add a new stream (unsupported while muxing to this format). You can try increasing sout-mux-caching value
[0x7f8f9005f8c8] main decoder error: cannot create packetizer output (a52 )
[mpeg2video @ 0x7f8f780171e0] warning: first frame is no keyframe
x264 [info]: using SAR=8/9
x264 [info]: using cpu capabilities: MMX2 SSE2Fast SSSE3 SSE4.1 Cache64
x264 [info]: profile High, level 3.0
[0x7f8f90004a78] main mux error: cannot add a new stream (unsupported while muxing to this format). You can try increasing sout-mux-caching value
[0x7f8f90005f38] stream_out_transcode stream out error: cannot add this stream
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[0x7f2f38000b78] main input error: ES_OUT_RESET_PCR called
[0x7f2f38000b78] main input error: ES_OUT_RESET_PCR called
[libvpx @ 0x7f2f14041220] v1.2.0
[mpeg2video @ 0x7f2f140117a0] warning: first frame is no keyframe
[libvpx @ 0x7f2f14022ec0] v1.2.0
[0x7f2f38000b78] main input error: ES_OUT_RESET_PCR called
[0x7f2f38000b78] main input error: ES_OUT_RESET_PCR called
[webm @ 0x7f2f1c015760] Codec for stream 0 does not use global headers but container format requires global headers
[webm @ 0x7f2f1c015760] Codec for stream 1 does not use global headers but container format requires global headers
[webm @ 0x7f2f1c015760] Encoder did not produce proper pts, making some up.
[libvpx @ 0x7f2f080072e0] v1.2.0
[0x7f2f1c005848] main mux error: cannot add a new stream (unsupported while muxing to this format). You can try increasing sout-mux-caching value
[0x7f2f1c0767b8] main decoder error: cannot create packetizer output (a52 )
[mpeg2video @ 0x7f2f08000d20] warning: first frame is no keyframe
[libvpx @ 0x7f2f0805c120] v1.2.0
[0x7f2f1c005848] main mux error: cannot add a new stream (unsupported while muxing to this format). You can try increasing sout-mux-caching value
[0x7f2f1c015e48] stream_out_transcode stream out error: cannot add this stream
UPDATE: When using Theora + Vorbis (OGG container) it works. But that's not what I needed.