Cheryl L. Thomas - 31 Jan 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
SVP & CTO
Signature
Ethan A. Jones, as Attorney-in-Fact for Cheryl L. Thomas
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Net transactions value
-$1,563,159
Form type
4
Filing time
02 Feb 2023, 16:12:00 UTC
Previous filing
24 Feb 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 +3,181 +5.2% $0.000000 64,593 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +4,898 +7.6% $0.000000 69,491 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +4,063 +5.8% $0.000000 73,554 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3,874 +5.3% $0.000000 77,428 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability $886,839 -6,340 -8.2% $139.88 71,088 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer $676,320 -4,835 -6.8% $139.88 66,253 31 Jan 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 -2,347 -100% $0.000000* 0 31 Jan 2023 Common Stock 3,181 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -2,677 -100% $0.000000* 0 31 Jan 2023 Common Stock 4,898 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -3,847 -50% $0.000000 3,846 31 Jan 2023 Common Stock 4,063 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3,014 -33% $0.000000 6,026 31 Jan 2023 Common Stock 3,874 $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