R. Lane Riggs - 20 Jan 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
Issuer symbol
VLO
Transactions as of
20 Jan 2022
Net transactions value
-$2,206,389
Form type
4
Filing time
24 Jan 2022, 17:18:10 UTC
Previous filing
20 Dec 2021
Next filing
24 Feb 2022
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 +6,850 +2.7% $0.000000 264,347 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +8,295 +3.1% $0.000000 272,642 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +11,161 +4.1% $0.000000 283,803 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +11,792 +4.2% $0.000000 295,595 20 Jan 2022 Direct
transaction VLO Common Stock Tax liability $1,249,941 -15,055 -5.1% $83.02 280,540 20 Jan 2022 Direct
transaction VLO Common Stock Disposed to Issuer $956,448 -11,520 -4.1% $83.02 269,020 20 Jan 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 -3,440 -100% $0.000000* 0 20 Jan 2022 Common Stock 6,850 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -6,063 -50% $0.000000 6,063 20 Jan 2022 Common Stock 8,295 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -8,587 -50% $0.000000 8,587 20 Jan 2022 Common Stock 11,161 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -11,260 -33% $0.000000 22,520 20 Jan 2022 Common Stock 11,792 $0.000000 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.