Joseph W. Gorder - Jan 20, 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
COB & CEO, Director
Signature
/s/ Ethan A. Jones, as Attorney-in-Fact for Joseph W. Gorder
Stock symbol
VLO
Transactions as of
Jan 20, 2022
Transactions value $
-$7,139,818
Form type
4
Date filed
1/24/2022, 05:15 PM
Previous filing
Jan 5, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +35.9K +7.27% $0.00 529K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +27.1K +5.13% $0.00 556K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +29.8K +5.35% $0.00 586K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +30.6K +5.23% $0.00 617K Jan 20, 2022 Direct
transaction VLO Common Stock Tax liability -$4.03M -48.6K -7.88% $83.03 568K Jan 20, 2022 Direct
transaction VLO Common Stock Disposed to Issuer -$3.1M -37.4K -6.58% $83.03 531K Jan 20, 2022 Direct F1

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 -18K -100% $0.00* 0 Jan 20, 2022 Common Stock 35.9K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -19.8K -50% $0.00 19.8K Jan 20, 2022 Common Stock 27.1K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -22.9K -50% $0.00 22.9K Jan 20, 2022 Common Stock 29.8K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -29.3K -33.33% $0.00 58.5K Jan 20, 2022 Common Stock 30.6K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 530,613 amount does not include 3,967.732 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F5 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.