Richard Walsh - Jan 20, 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
Stock symbol
VLO
Transactions as of
Jan 20, 2022
Transactions value $
-$518,740
Form type
4
Date filed
1/24/2022, 05:24 PM
Previous filing
Sep 23, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +2.1K +3.39% $0.00 64.1K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +1.73K +2.7% $0.00 65.8K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +1.74K +2.64% $0.00 67.5K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3.35K +4.95% $0.00 70.9K Jan 20, 2022 Direct
transaction VLO Common Stock Tax liability -$298K -3.59K -5.06% $83.03 67.3K Jan 20, 2022 Direct
transaction VLO Common Stock Disposed to Issuer -$221K -2.66K -3.96% $83.03 64.6K Jan 20, 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 -1.07K -100% $0.00* 0 Jan 20, 2022 Common Stock 2.1K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -1.26K -50% $0.00 1.26K Jan 20, 2022 Common Stock 1.73K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -1.34K -50% $0.00 1.34K Jan 20, 2022 Common Stock 1.74K $0.00 Direct F4
transaction VLO Performance Shares Options Exercise $0 -3.19K -33.34% $0.00 6.39K Jan 20, 2022 Common Stock 3.35K $0.00 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.