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

Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Richard Joe Walsh
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Net transactions value
-$1,070,222
Form type
4
Filing time
02 Feb 2023, 16:25:23 UTC
Previous filing
06 Jan 2023
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 +1,712 +2.5% $0.000000 69,982 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +2,447 +3.5% $0.000000 72,429 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3,372 +4.7% $0.000000 75,801 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +3,424 +4.5% $0.000000 79,225 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability $608,618 -4,351 -5.5% $139.88 74,874 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer $461,604 -3,300 -4.4% $139.88 71,574 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 -1,263 -100% $0.000000* 0 31 Jan 2023 Common Stock 1,712 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -1,337 -100% $0.000000* 0 31 Jan 2023 Common Stock 2,447 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3,193 -50% $0.000000 3,193 31 Jan 2023 Common Stock 3,372 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -2,664 -33% $0.000000 5,326 31 Jan 2023 Common Stock 3,424 $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 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