Jason W. Fraser - Jan 18, 2024 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & CFO
Signature
/s/ Ethan A. Jones, as Attorney-in-Fact for Jason W. Fraser
Stock symbol
VLO
Transactions as of
Jan 18, 2024
Transactions value $
-$2,148,532
Form type
4
Date filed
1/22/2024, 04:20 PM
Previous filing
Apr 27, 2023
Next filing
Feb 26, 2024

Transactions Table

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 -8.51K -100% $0.00* 0 Jan 18, 2024 Common Stock 9.32K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -7.06K -50% $0.00 7.06K Jan 18, 2024 Common Stock 9.39K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -5.17K -33.33% $0.00 10.3K Jan 18, 2024 Common Stock 5.87K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.
F2 Settlement of previously granted performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously granted performance shares at 110% of base pursuant to terms of a Performance Share Agreement.