Richard Joe Walsh - 20 Jan 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
SVP, GC & Secretary
Signature
Ethan A. Jones, as Attorney-in-Fact for Richard Joe Walsh
Issuer symbol
VLO
Transactions as of
20 Jan 2022
Net transactions value
-$518,740
Form type
4
Filing time
24 Jan 2022, 17:24:53 UTC
Previous filing
23 Sep 2021
Next filing
24 Feb 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 Options Exercise $0 +2,103 +3.4% $0.000000 64,061 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +1,729 +2.7% $0.000000 65,790 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +1,738 +2.6% $0.000000 67,528 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3,345 +5% $0.000000 70,873 20 Jan 2022 Direct
transaction VLO Common Stock Tax liability $297,645 -3,585 -5.1% $83.02 67,288 20 Jan 2022 Direct
transaction VLO Common Stock Disposed to Issuer $221,096 -2,663 -4% $83.02 64,625 20 Jan 2022 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 -1,065 -100% $0.000000* 0 20 Jan 2022 Common Stock 2,103 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -1,263 -50% $0.000000 1,263 20 Jan 2022 Common Stock 1,729 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -1,337 -50% $0.000000 1,337 20 Jan 2022 Common Stock 1,738 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -3,194 -33% $0.000000 6,386 20 Jan 2022 Common Stock 3,345 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 64,625 amount does not include 16,410.644 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F5 Settlement of previous awarded performance shares at 100% of base shares pursuant to terms of a Performance Share Agreement.