R. Lane Riggs - Jan 20, 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
President & COO
Signature
Ethan A. Jones, as Attorney-in-Fact for R. Lane Riggs
Stock symbol
VLO
Transactions as of
Jan 20, 2022
Transactions value $
-$2,206,389
Form type
4
Date filed
1/24/2022, 05:18 PM
Previous filing
Dec 20, 2021
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 +6.85K +2.66% $0.00 264K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +8.3K +3.14% $0.00 273K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +11.2K +4.09% $0.00 284K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +11.8K +4.15% $0.00 296K Jan 20, 2022 Direct
transaction VLO Common Stock Tax liability -$1.25M -15.1K -5.09% $83.03 281K Jan 20, 2022 Direct
transaction VLO Common Stock Disposed to Issuer -$956K -11.5K -4.11% $83.03 269K Jan 20, 2022 Direct

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 -3.44K -100% $0.00* 0 Jan 20, 2022 Common Stock 6.85K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -6.06K -50% $0.00 6.06K Jan 20, 2022 Common Stock 8.3K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -8.59K -50% $0.00 8.59K Jan 20, 2022 Common Stock 11.2K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -11.3K -33.33% $0.00 22.5K Jan 20, 2022 Common Stock 11.8K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F2 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.