Richard Walsh - Jan 18, 2024 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
Jan 18, 2024
Transactions value $
-$846,213
Form type
4
Date filed
1/22/2024, 05:45 PM
Previous filing
Mar 28, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +3.5K +4.65% $0.00 78.7K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3.54K +4.5% $0.00 82.3K Jan 18, 2024 Direct
transaction VLO Common Stock Options Exercise $0 +2.62K +3.19% $0.00 84.9K Jan 18, 2024 Direct
transaction VLO Common Stock Tax liability -$483K -3.86K -4.54% $125.24 81K Jan 18, 2024 Direct
transaction VLO Common Stock Disposed to Issuer -$363K -2.9K -3.58% $125.24 78.1K Jan 18, 2024 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 -3.19K -100% $0.00* 0 Jan 18, 2024 Common Stock 3.5K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -2.66K -50% $0.00 2.66K Jan 18, 2024 Common Stock 3.54K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -2.31K -33.34% $0.00 4.61K Jan 18, 2024 Common Stock 2.62K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 78,133 amount does not include 17,737.0566 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously granted performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously granted performance shares at 110% of base pursuant to terms of a Performance Share Agreement.