R. Lane Riggs - 22 Feb 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: 22 Feb 2022
Net transactions value: -$938,879
Form type: 4
Filing time: 24 Feb 2022, 15:29:39 UTC
Previous filing: 24 Jan 2022
Next filing: 25 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	Award	$0	+27,460	+10%	$0.000000	296,480	22 Feb 2022	Direct	F1
transaction	VLO	Common Stock	Tax liability	$938,879	-10,806	-3.6%	$86.88	285,674	22 Feb 2022	Direct	F2

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	+27,460		$0.000000	27,460	22 Feb 2022	Common Stock	0	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of restricted common shares subject to time vesting.
F2	Shares withheld to satisfy tax obligation for restricted stock holdings.
F3	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.