R. Lane Riggs - Jan 31, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
President & COO
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for R. Lane Riggs
Stock symbol
VLO
Transactions as of
Jan 31, 2023
Transactions value $
-$4,639,120
Form type
4
Date filed
2/2/2023, 03:59 PM
Previous filing
Dec 20, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +8.22K +3.25% $0.00 261K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +15.7K +6.03% $0.00 276K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +11.9K +4.3% $0.00 288K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +11.8K +4.08% $0.00 300K Jan 31, 2023 Direct
transaction VLO Common Stock Tax liability -$2.62M -18.8K -6.25% $139.88 281K Jan 31, 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$2.02M -14.4K -5.12% $139.88 267K Jan 31, 2023 Direct
transaction VLO Common Stock Gift $0 -2.59K -0.97% $0.00 264K Feb 2, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLO Performance Shares Options Exercise $0 -6.06K -100% $0.00* 0 Jan 31, 2023 Common Stock 8.22K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -8.59K -100% $0.00* 0 Jan 31, 2023 Common Stock 15.7K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -11.3K -50% $0.00 11.3K Jan 31, 2023 Common Stock 11.9K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -9.15K -33.34% $0.00 18.3K Jan 31, 2023 Common Stock 11.8K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement
F2 Settlement of previously awarded performance shares at 168.75% of base pursuant to terms of a Performance Share Agreement
F3 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement
F4 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement