Jason W. Fraser - 31 Jan 2023 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
EVP & CFO
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Jason W. Fraser
Issuer symbol
VLO
Transactions as of
31 Jan 2023
Transactions value $
-$3,199,335
Form type
4
Filing time
02 Feb 2023, 16:15:16 UTC
Previous filing
31 Oct 2022
Next filing
24 Feb 2023
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 +5.5K +5.01% $0.00 115K 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +9.24K +8.01% $0.00 125K 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +8.99K +7.21% $0.00 134K 31 Jan 2023 Direct
transaction VLO Common Stock Options Exercise $0 +9.07K +6.79% $0.00 143K 31 Jan 2023 Direct
transaction VLO Common Stock Tax liability -$1.81M -12.9K -9.07% $139.88 130K 31 Jan 2023 Direct
transaction VLO Common Stock Disposed to Issuer -$1.39M -9.93K -7.65% $139.88 120K 31 Jan 2023 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 -4.06K -100% $0.00* 0 31 Jan 2023 Common Stock 5.5K $0.00 Direct F1
transaction VLO Performance Shares Options Exercise $0 -5.05K -100% $0.00* 0 31 Jan 2023 Common Stock 9.24K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -8.51K -50% $0.00 8.51K 31 Jan 2023 Common Stock 8.99K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -7.06K -33.33% $0.00 14.1K 31 Jan 2023 Common Stock 9.07K $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 125% of base pursuant to terms of a Performance Share Agreement
F2 Settlement of previously awarded performance shares at 168.75% of base pursuant to terms of a Performance Share Agreement
F3 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement
F4 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement