Joseph W. Gorder - 31 Jan 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
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Net transactions value
-$12,411,413
Form type
4
Filing time
02 Feb 2023, 16:22:34 UTC
Previous filing
06 Jan 2023
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 +26,882 +4.8% $0.000000 581,668 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +41,906 +7.2% $0.000000 623,574 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +30,890 +5% $0.000000 654,464 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +27,668 +4.2% $0.000000 682,132 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability $7,010,086 -50,115 -7.3% $139.88 632,017 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer $5,401,326 -38,614 -6.1% $139.88 593,403 31 Jan 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 -19,837 -100% $0.000000* 0 31 Jan 2023 Common Stock 26,882 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -22,907 -100% $0.000000* 0 31 Jan 2023 Common Stock 41,906 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -29,250 -50% $0.000000 29,250 31 Jan 2023 Common Stock 30,890 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -21,530 -33% $0.000000 43,060 31 Jan 2023 Common Stock 27,668 $0.000000 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