Jason W. Fraser - 31 Jan 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & CFO
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Jason W. Fraser
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Net transactions value
-$3,199,335
Form type
4
Filing time
02 Feb 2023, 16:15:16 UTC
Previous filing
31 Oct 2022
Next filing
24 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +5,502 +5% $0.000000 115,398 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +9,239 +8% $0.000000 124,637 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +8,991 +7.2% $0.000000 133,628 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +9,073 +6.8% $0.000000 142,701 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability $1,810,327 -12,942 -9.1% $139.88 129,759 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer $1,389,008 -9,930 -7.7% $139.88 119,829 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 -4,060 -100% $0.000000* 0 31 Jan 2023 Common Stock 5,502 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -5,050 -100% $0.000000* 0 31 Jan 2023 Common Stock 9,239 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -8,513 -50% $0.000000 8,513 31 Jan 2023 Common Stock 8,991 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -7,060 -33% $0.000000 14,120 31 Jan 2023 Common Stock 9,073 $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