Richard Walsh - Jan 31, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
SVP, GC & Secretary
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Richard Joe Walsh
Stock symbol
VLO
Transactions as of
Jan 31, 2023
Transactions value $
-$1,070,222
Form type
4
Date filed
2/2/2023, 04:25 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 +1.71K +2.51% $0.00 70K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +2.45K +3.5% $0.00 72.4K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3.37K +4.66% $0.00 75.8K Jan 31, 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3.42K +4.52% $0.00 79.2K Jan 31, 2023 Direct
transaction VLO Common Stock Tax liability -$609K -4.35K -5.49% $139.88 74.9K Jan 31, 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$462K -3.3K -4.41% $139.88 71.6K 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 -1.26K -100% $0.00* 0 Jan 31, 2023 Common Stock 1.71K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -1.34K -100% $0.00* 0 Jan 31, 2023 Common Stock 2.45K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3.19K -50% $0.00 3.19K Jan 31, 2023 Common Stock 3.37K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -2.66K -33.34% $0.00 5.33K Jan 31, 2023 Common Stock 3.42K $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 71,574 amount does not include 17,096.165 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