Gary K. Simmons - Feb 23, 2023 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
Feb 23, 2023
Transactions value $
-$472,109
Form type
4
Date filed
2/24/2023, 03:20 PM
Previous filing
Feb 2, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +9.11K +5.3% $0.00 181K Feb 23, 2023 Direct F1
transaction VLO Common Stock Tax liability -$472K -3.59K -1.98% $131.69 178K Feb 23, 2023 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 +9.11K $0.00 9.11K Feb 23, 2023 Common Stock $0.00 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 shares subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 The 177,567 amount does not include 11,941.112 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in Feb. 2024, 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.