R. Lane Riggs - Feb 22, 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
Feb 22, 2022
Transactions value $
-$938,879
Form type
4
Date filed
2/24/2022, 03:29 PM
Previous filing
Jan 24, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +27.5K +10.21% $0.00 296K Feb 22, 2022 Direct F1
transaction VLO Common Stock Tax liability -$939K -10.8K -3.64% $86.89 286K Feb 22, 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 +27.5K $0.00 27.5K Feb 22, 2022 Common Stock 0 $0.00 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.