Richard Walsh - Feb 23, 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
SVP, GC & Secretary
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Richard Joe Walsh
Stock symbol
VLO
Transactions as of
Feb 23, 2023
Transactions value $
-$358,724
Form type
4
Date filed
2/24/2023, 03:24 PM
Previous filing
Feb 2, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +6.92K +9.67% $0.00 78.5K Feb 23, 2023 Direct F1
transaction VLO Common Stock Tax liability -$359K -2.72K -3.47% $131.69 75.8K Feb 23, 2023 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 +6.92K $0.00 6.92K Feb 23, 2023 Common Stock $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 75,770 amount does not include 17,096.165 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in Feb. 2024, 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.