Richard Walsh - Feb 22, 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
Feb 22, 2022
Transactions value $
-$273,253
Form type
4
Date filed
2/24/2022, 03:38 PM
Previous filing
Jan 24, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +7.99K +12.36% $0.00 72.6K Feb 22, 2022 Direct F1
transaction VLO Common Stock Tax liability -$273K -3.15K -4.33% $86.89 69.5K Feb 22, 2022 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 +7.99K $0.00 7.99K Feb 22, 2022 Common Stock 0 $0.00 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 69,470 amount does not include 16,419.795 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in January 2023, 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.