Cheryl L. Thomas - Jan 20, 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
SVP & CTO
Signature
Ethan A. Jones, as Attorney-in-Fact for Cheryl L. Thomas
Stock symbol
VLO
Transactions as of
Jan 20, 2022
Transactions value $
-$813,894
Form type
4
Date filed
1/24/2022, 05:23 PM
Previous filing
Aug 3, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Options Exercise $0 +3.3K +6.38% $0.00 55K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3.21K +5.84% $0.00 58.2K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +3.48K +5.98% $0.00 61.7K Jan 20, 2022 Direct
transaction VLO Common Stock Options Exercise $0 +4.03K +6.53% $0.00 65.7K Jan 20, 2022 Direct
transaction VLO Common Stock Tax liability -$464K -5.59K -8.5% $83.03 60.1K Jan 20, 2022 Direct
transaction VLO Common Stock Disposed to Issuer -$350K -4.21K -7.01% $83.03 55.9K Jan 20, 2022 Direct

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 -1.66K -100% $0.00* 0 Jan 20, 2022 Common Stock 3.3K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -2.35K -50% $0.00 2.35K Jan 20, 2022 Common Stock 3.21K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -2.68K -50% $0.00 2.68K Jan 20, 2022 Common Stock 3.48K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -3.85K -33.34% $0.00 7.69K Jan 20, 2022 Common Stock 4.03K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F2 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.