Gary K. Simmons - Jan 20, 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & CCO
Signature
Ethan A. Jones, as Attorney-in-Fact for Gary K. Simmons
Stock symbol
VLO
Transactions as of
Jan 20, 2022
Transactions value $
-$645,685
Form type
4
Date filed
1/24/2022, 05:21 PM
Previous filing
Oct 26, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +3.82K +2.63% $0.00 149K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3.7K +2.48% $0.00 153K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +5.91K +3.87% $0.00 159K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +6.15K +3.87% $0.00 165K Jan 20, 2022 Direct
transaction VLO Common Stock Tax liability -$646K -7.78K -4.72% $83.03 157K Jan 20, 2022 Direct F1

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 -1.92K -100% $0.00* 0 Jan 20, 2022 Common Stock 3.82K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -2.71K -50% $0.00 2.71K Jan 20, 2022 Common Stock 3.7K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -4.55K -50% $0.00 4.55K Jan 20, 2022 Common Stock 5.91K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -5.87K -33.34% $0.00 11.7K Jan 20, 2022 Common Stock 6.15K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 157,160 amount does not include 11,524.440 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F5 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.