R. Lane Riggs - 31 Jan 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
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Net transactions value
-$4,639,120
Form type
4
Filing time
02 Feb 2023, 15:59:14 UTC
Previous filing
20 Dec 2022
Next filing
24 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +8,217 +3.3% $0.000000 260,672 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +15,710 +6% $0.000000 276,382 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +11,892 +4.3% $0.000000 288,274 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +11,764 +4.1% $0.000000 300,038 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability $2,622,890 -18,751 -6.2% $139.88 281,287 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer $2,016,230 -14,414 -5.1% $139.88 266,873 31 Jan 2023 Direct
transaction VLO Common Stock Gift $0 -2,585 -0.97% $0.000000 264,288 02 Feb 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 -6,063 -100% $0.000000* 0 31 Jan 2023 Common Stock 8,217 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -8,587 -100% $0.000000* 0 31 Jan 2023 Common Stock 15,710 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -11,260 -50% $0.000000 11,260 31 Jan 2023 Common Stock 11,892 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -9,154 -33% $0.000000 18,306 31 Jan 2023 Common Stock 11,764 $0.000000 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