R. Lane Riggs - Jul 1, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
CEO
Signature
Ethan A. Jones, as Attorney-in-Fact for R. Lane Riggs
Stock symbol
VLO
Transactions as of
Jul 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 04:09 PM
Previous filing
Feb 28, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +8.95K +3.42% $0.00 271K Jul 1, 2023 Direct F1
transaction VLO Common Stock Tax liability $0 -3.52K -1.3% $0.00 267K Jul 1, 2023 Direct F2

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 Award $0 +8.95K $0.00 8.95K Jul 1, 2023 Common Stock 8.95K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted common shares subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 The performance shares vest annually in one-third increments beginning in July 2024, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares pursuant to the terms of a Performance Share Agreement.