Cheryl L. Thomas - Jan 31, 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
Stock symbol
VLO
Transactions as of
Jan 31, 2023
Transactions value $
-$1,563,159
Form type
4
Date filed
2/2/2023, 04:12 PM
Previous filing
Feb 24, 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 +3.18K +5.18% $0.00 64.6K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +4.9K +7.58% $0.00 69.5K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +4.06K +5.85% $0.00 73.6K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3.87K +5.27% $0.00 77.4K Jan 31, 2023 Direct
transaction VLO Common Stock Tax liability -$887K -6.34K -8.19% $139.88 71.1K Jan 31, 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$676K -4.84K -6.8% $139.88 66.3K Jan 31, 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 -2.35K -100% $0.00* 0 Jan 31, 2023 Common Stock 3.18K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -2.68K -100% $0.00* 0 Jan 31, 2023 Common Stock 4.9K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -3.85K -50.01% $0.00 3.85K Jan 31, 2023 Common Stock 4.06K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3.01K -33.34% $0.00 6.03K Jan 31, 2023 Common Stock 3.87K $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