R. Lane Riggs - Feb 23, 2023 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 23, 2023
Transactions value $
-$2,373,449
Form type
4
Date filed
2/24/2023, 03:18 PM
Previous filing
Feb 2, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +22K +8.34% $0.00 286K Feb 23, 2023 Direct F1
transaction VLO Common Stock Tax liability -$1.84M -14K -4.87% $131.69 272K Feb 23, 2023 Direct F2
transaction VLO Common Stock Disposed to Issuer -$536K -4.07K -1.49% $131.69 268K Feb 23, 2023 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 Award $0 +22K $0.00 22K Feb 23, 2023 Common Stock $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 Feb. 2024, 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.