Gary K. Simmons - 22 Feb 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
22 Feb 2024
Net transactions value
-$809,063
Form type
4
Filing time
26 Feb 2024, 17:06:35 UTC
Previous filing
22 Jan 2024
Next filing
06 May 2024
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 +14,990 +8.1% $0.000000 199,840 22 Feb 2024 Direct F1
transaction VLO Common Stock Tax liability $809,063 -5,899 -3% $137.15 193,941 22 Feb 2024 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 +14,990 $0.000000 14,990 22 Feb 2024 Common Stock 14,990 $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 shares subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 The 193,941 amount does not include 12,335.522 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in January 2025, 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.