R. Lane Riggs - 18 Jan 2024 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
CEO & President
Signature
/s/ Ethan A. Jones, as Attorney-in-Fact for R. Lane Riggs
Issuer symbol
VLO
Transactions as of
18 Jan 2024
Net transactions value
-$3,164,563
Form type
4
Filing time
22 Jan 2024, 18:03:58 UTC
Previous filing
05 Jul 2023
Next filing
26 Feb 2024
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 +12,332 +4.6% $0.000000 279,740 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +12,173 +4.4% $0.000000 291,913 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +8,343 +2.9% $0.000000 300,256 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3,391 +1.1% $0.000000 303,647 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability $1,791,361 -14,304 -4.7% $125.24 289,343 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer $1,373,202 -10,965 -3.8% $125.24 278,378 18 Jan 2024 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 -11,260 -100% $0.000000* 0 18 Jan 2024 Common Stock 12,332 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -9,153 -50% $0.000000 9,153 18 Jan 2024 Common Stock 12,173 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -7,344 -33% $0.000000 14,686 18 Jan 2024 Common Stock 8,343 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -2,985 -33% $0.000000 5,968 18 Jan 2024 Common Stock 3,391 $0.000000 Direct F3
* 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 100% of base pursuant to terms of a Performance Share Agreement.
F2 Settlement of previously granted performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 110% of base pursuant to terms of a Performance Share Agreement.