Gary K. Simmons - 22 Feb 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: 22 Feb 2022
Net transactions value: -$458,840
Form type: 4
Filing time: 24 Feb 2022, 15:32:15 UTC
Previous filing: 24 Jan 2022
Next filing: 17 Nov 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	Award	$0	+13,420	+8.5%	$0.000000	170,580	22 Feb 2022	Direct	F1
transaction	VLO	Common Stock	Tax liability	$458,840	-5,281	-3.1%	$86.88	165,299	22 Feb 2022	Direct	F2, F3

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	+13,420		$0.000000	13,420	22 Feb 2022	Common Stock	0	$0.000000	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of restricted common stock subject to time vesting.
F2	Shares withheld to satisfy tax obligation for restricted stock holdings.
F3	The 165,299 amount does not include 11,524.440 shares indirectly held by the reporting person in a thrift plan.
F4	The performance shares vest annually in one-third increments beginning in January 2023, 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.