Gary K. Simmons - Jan 31, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & CCO
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Gary K. Simmons
Stock symbol
VLO
Transactions as of
Jan 31, 2023
Transactions value $
-$2,335,856
Form type
4
Date filed
2/2/2023, 04:19 PM
Previous filing
Nov 17, 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 +3.67K +2.22% $0.00 169K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +8.32K +4.93% $0.00 177K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +6.2K +3.5% $0.00 183K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +5.75K +3.14% $0.00 189K Jan 31, 2023 Direct
transaction VLO Common Stock Tax liability -$1.32M -9.46K -5.01% $139.88 180K Jan 31, 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$1.01M -7.24K -4.03% $139.88 172K Jan 31, 2023 Direct
transaction VLO Common Stock Gift $0 -250 -0.15% $0.00 172K Feb 2, 2023 Direct F1

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 -2.71K -100% $0.00* 0 Jan 31, 2023 Common Stock 3.67K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -4.55K -100% $0.00* 0 Jan 31, 2023 Common Stock 8.32K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -5.87K -50% $0.00 5.87K Jan 31, 2023 Common Stock 6.2K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -4.47K -33.34% $0.00 8.95K Jan 31, 2023 Common Stock 5.75K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 172,292 amount does not include 11,941.112 shares indirectly held by the reporting person in a thrift plan
F2 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement
F3 Settlement of previously awarded performance shares at 168.75% of base pursuant to terms of a Performance Share Agreement
F4 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement
F5 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement