Gary K. Simmons - 20 Jan 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
Issuer symbol
VLO
Transactions as of
20 Jan 2022
Net transactions value
-$645,685
Form type
4
Filing time
24 Jan 2022, 17:21:02 UTC
Previous filing
26 Oct 2021
Next filing
24 Feb 2022
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 +3,816 +2.6% $0.000000 149,171 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3,704 +2.5% $0.000000 152,875 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +5,910 +3.9% $0.000000 158,785 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +6,152 +3.9% $0.000000 164,937 20 Jan 2022 Direct
transaction VLO Common Stock Tax liability $645,685 -7,777 -4.7% $83.02 157,160 20 Jan 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 -1,916 -100% $0.000000* 0 20 Jan 2022 Common Stock 3,816 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -2,707 -50% $0.000000 2,707 20 Jan 2022 Common Stock 3,704 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -4,547 -50% $0.000000 4,547 20 Jan 2022 Common Stock 5,910 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -5,874 -33% $0.000000 11,746 20 Jan 2022 Common Stock 6,152 $0.000000 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.