Jason W. Fraser - Feb 22, 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
Feb 22, 2024
Transactions value $
-$831,144
Form type
4
Date filed
2/26/2024, 05:15 PM
Previous 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 +15.4K +12.92% $0.00 135K Feb 22, 2024 Direct F1
transaction VLO Common Stock Tax liability -$831K -6.06K -4.5% $137.15 129K Feb 22, 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 +15.4K $0.00 15.4K Feb 22, 2024 Common Stock 15.4K $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 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.