Richard Walsh - Feb 22, 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 J. Walsh
Stock symbol
VLO
Transactions as of
Feb 22, 2024
Transactions value $
-$408,577
Form type
4
Date filed
2/26/2024, 05:11 PM
Previous filing
Jan 22, 2024
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +7.57K +9.69% $0.00 85.7K Feb 22, 2024 Direct F1
transaction VLO Common Stock Tax liability -$409K -2.98K -3.48% $137.15 82.7K Feb 22, 2024 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 +7.57K $0.00 7.57K Feb 22, 2024 Common Stock 7.57K $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 82,724 amount does not include 17,740.267 shares indirectly held by the reporting person in a thrift plan.
F4 The performance shares vest annually in one-third increments beginning in January 2025, 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.