Jason W. Fraser - 22 Feb 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
Issuer symbol
VLO
Transactions as of
22 Feb 2024
Net transactions value
-$831,144
Form type
4
Filing time
26 Feb 2024, 17:15:44 UTC
Previous filing
22 Jan 2024
Next filing
21 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +15,400 +13% $0.000000 134,614 22 Feb 2024 Direct F1
transaction VLO Common Stock Tax liability $831,144 -6,060 -4.5% $137.15 128,554 22 Feb 2024 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 +15,400 $0.000000 15,400 22 Feb 2024 Common Stock 15,400 $0.000000 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 January 2025, 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.