R. Lane Riggs - Jan 18, 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
Stock symbol
VLO
Transactions as of
Jan 18, 2024
Transactions value $
-$3,164,563
Form type
4
Date filed
1/22/2024, 06:03 PM
Previous filing
Jul 5, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +12.3K +4.61% $0.00 280K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +12.2K +4.35% $0.00 292K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +8.34K +2.86% $0.00 300K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3.39K +1.13% $0.00 304K Jan 18, 2024 Direct
transaction VLO Common Stock Tax liability -$1.79M -14.3K -4.71% $125.24 289K Jan 18, 2024 Direct
transaction VLO Common Stock Disposed to Issuer -$1.37M -11K -3.79% $125.24 278K Jan 18, 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 -11.3K -100% $0.00* 0 Jan 18, 2024 Common Stock 12.3K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -9.15K -50% $0.00 9.15K Jan 18, 2024 Common Stock 12.2K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -7.34K -33.34% $0.00 14.7K Jan 18, 2024 Common Stock 8.34K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -2.99K -33.34% $0.00 5.97K Jan 18, 2024 Common Stock 3.39K $0.00 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.