Richard Joe Walsh - 18 Jan 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
Issuer symbol
VLO
Transactions as of
18 Jan 2024
Net transactions value
-$846,213
Form type
4
Filing time
22 Jan 2024, 17:45:11 UTC
Previous filing
28 Mar 2023
Next filing
26 Feb 2024
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 +3,497 +4.6% $0.000000 78,727 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +3,542 +4.5% $0.000000 82,269 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +2,621 +3.2% $0.000000 84,890 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability $483,157 -3,858 -4.5% $125.24 81,032 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer $363,056 -2,899 -3.6% $125.24 78,133 18 Jan 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 -3,193 -100% $0.000000* 0 18 Jan 2024 Common Stock 3,497 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -2,663 -50% $0.000000 2,663 18 Jan 2024 Common Stock 3,542 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -2,307 -33% $0.000000 4,613 18 Jan 2024 Common Stock 2,621 $0.000000 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.