Gary K. Simmons - 20 Jul 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role: EVP & COO
Signature: /s/ Ethan A. Jones as Attorney-in-Fact for Gary K. Simmons
Issuer symbol: VLO
Transactions as of: 20 Jul 2023
Net transactions value: -$164,304
Form type: 4
Filing time: 24 Jul 2023, 16:23:34 UTC
Previous filing: 24 Feb 2023
Next filing: 22 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLO	Common Stock	Award	$0	+3,475	+2%	$0.000000	181,042	20 Jul 2023	Direct	F1
transaction	VLO	Common Stock	Tax liability	$164,304	-1,368	-0.76%	$120.10	179,674	20 Jul 2023	Direct	F2, F3

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	+3,475		$0.000000	3,475	20 Jul 2023	Common Stock		$0.000000	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of restricted stock subject to time vesting.
F2	Shares withheld to satisfy tax obligation for restricted stock holdings.
F3	The 179,674 amount does not include 12,151.28 shares indirectly held by the reporting person in a thrift plan
F4	Performance shares vest in one-third increments beginning in January 2024, payable in shares of common stock ranging from zero to 200 percent of the performance shares pursuant to a Performance Share Agreement.