R. Lane Riggs - Feb 22, 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
Feb 22, 2024
Transactions value $
-$2,228,454
Form type
4
Date filed
2/26/2024, 04:59 PM
Previous filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +41.3K +14.83% $0.00 320K Feb 22, 2024 Direct F1
transaction VLO Common Stock Tax liability -$2.23M -16.2K -5.08% $137.15 303K Feb 22, 2024 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 +41.3K $0.00 41.3K Feb 22, 2024 Common Stock 41.3K $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 2025, 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.