Joseph W. Gorder - 18 Jan 2024 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
Director
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Joseph W. Gorder
Issuer symbol
VLO
Transactions as of
18 Jan 2024
Net transactions value
-$6,847,599
Form type
4
Filing time
22 Jan 2024, 17:55:11 UTC
Previous filing
16 Aug 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +32,035 +5.5% $0.000000 609,907 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +28,633 +4.7% $0.000000 638,540 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +17,773 +2.8% $0.000000 656,313 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability $3,872,016 -30,918 -4.7% $125.24 625,395 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer $2,975,584 -23,760 -3.8% $125.24 601,635 18 Jan 2024 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 -29,250 -100% $0.000000* 0 18 Jan 2024 Common Stock 32,035 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -21,530 -50% $0.000000 21,530 18 Jan 2024 Common Stock 28,633 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -15,647 -33% $0.000000 31,293 18 Jan 2024 Common Stock 17,773 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 601,635 amount does not include 4,246.978 shares indirectly held by the reporting person in a thrift plan and the reporting person no longer indirectly owns any VLO common stock through any family trusts.
F2 Settlement of previously awarded performance shares at 100% 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 granted performance shares at 110% of base pursuant to terms of a Performance Share Agreement.