Joseph W. Gorder - Feb 22, 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
Feb 22, 2022
Transactions value $
-$2,208,356
Form type
4
Date filed
2/24/2022, 03:25 PM
Previous filing
Jan 24, 2022
Next filing
Oct 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +64.6K +12.17% $0.00 595K Feb 22, 2022 Direct F1
transaction VLO Common Stock Tax liability -$2.21M -25.4K -4.27% $86.89 570K Feb 22, 2022 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 +64.6K $0.00 64.6K Feb 22, 2022 Common Stock 0 $0.00 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 common stock subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 The 569,786 amount does not include 3,967.732 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in January 2023, 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.