Gary K. Simmons - Jan 18, 2024 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & COO
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Gary K. Simmons
Stock symbol
VLO
Transactions as of
Jan 18, 2024
Transactions value $
-$1,499,439
Form type
4
Date filed
1/22/2024, 05:49 PM
Previous filing
Jul 24, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +6.43K +3.58% $0.00 186K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +5.95K +3.2% $0.00 192K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3.45K +1.8% $0.00 196K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +1.32K +0.67% $0.00 197K Jan 18, 2024 Direct
transaction VLO Common Stock Tax liability -$852K -6.8K -3.46% $125.24 190K Jan 18, 2024 Direct
transaction VLO Common Stock Disposed to Issuer -$647K -5.17K -2.72% $125.24 185K Jan 18, 2024 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 -5.87K -100% $0.00* 0 Jan 18, 2024 Common Stock 6.43K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -4.47K -50% $0.00 4.47K Jan 18, 2024 Common Stock 5.95K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3.04K -33.34% $0.00 6.07K Jan 18, 2024 Common Stock 3.45K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -1.16K -33.35% $0.00 2.32K Jan 18, 2024 Common Stock 1.32K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 184,850 amount does not include 12,335.522 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement
F3 Settlement of previously granted performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 110% of base pursuant to terms of a Performance Share Agreement.