Gary K. Simmons - 18 Jan 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
Issuer symbol
VLO
Transactions as of
18 Jan 2024
Net transactions value
-$1,499,439
Form type
4
Filing time
22 Jan 2024, 17:49:01 UTC
Previous filing
24 Jul 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +6,432 +3.6% $0.000000 186,106 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +5,950 +3.2% $0.000000 192,056 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3,450 +1.8% $0.000000 195,506 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +1,317 +0.67% $0.000000 196,823 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability $851,974 -6,803 -3.5% $125.24 190,020 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer $647,465 -5,170 -2.7% $125.24 184,850 18 Jan 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 -5,873 -100% $0.000000* 0 18 Jan 2024 Common Stock 6,432 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -4,473 -50% $0.000000 4,473 18 Jan 2024 Common Stock 5,950 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3,037 -33% $0.000000 6,073 18 Jan 2024 Common Stock 3,450 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -1,159 -33% $0.000000 2,316 18 Jan 2024 Common Stock 1,317 $0.000000 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.