Joseph W. Gorder - Jan 31, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
COB & CEO, Director
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Joseph W. Gorder
Stock symbol
VLO
Transactions as of
Jan 31, 2023
Transactions value $
-$12,411,413
Form type
4
Date filed
2/2/2023, 04:22 PM
Previous filing
Jan 6, 2023
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 +26.9K +4.85% $0.00 582K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +41.9K +7.2% $0.00 624K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +30.9K +4.95% $0.00 654K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +27.7K +4.23% $0.00 682K Jan 31, 2023 Direct
transaction VLO Common Stock Tax liability -$7.01M -50.1K -7.35% $139.88 632K Jan 31, 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$5.4M -38.6K -6.11% $139.88 593K Jan 31, 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 -19.8K -100% $0.00* 0 Jan 31, 2023 Common Stock 26.9K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -22.9K -100% $0.00* 0 Jan 31, 2023 Common Stock 41.9K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -29.3K -50% $0.00 29.3K Jan 31, 2023 Common Stock 30.9K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -21.5K -33.33% $0.00 43.1K Jan 31, 2023 Common Stock 27.7K $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 593,403 amount does not include 4,111.187 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