Jason W. Fraser - 18 Jan 2024 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
18 Jan 2024
Net transactions value
-$2,148,532
Form type
4
Filing time
22 Jan 2024, 16:20:43 UTC
Previous filing
27 Apr 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 +9,324 +8.3% $0.000000 121,108 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +9,389 +7.8% $0.000000 130,497 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +5,873 +4.5% $0.000000 136,370 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability $1,218,411 -9,729 -7.1% $125.24 126,641 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer $930,120 -7,427 -5.9% $125.24 119,214 18 Jan 2024 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 -8,513 -100% $0.000000* 0 18 Jan 2024 Common Stock 9,324 $0.000000 Direct F1
transaction VLO Performance Shares Options Exercise $0 -7,060 -50% $0.000000 7,060 18 Jan 2024 Common Stock 9,389 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -5,170 -33% $0.000000 10,340 18 Jan 2024 Common Stock 5,873 $0.000000 Direct F3
* 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 100% of base pursuant to terms of a Performance Share Agreement.
F2 Settlement of previously granted performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously granted performance shares at 110% of base pursuant to terms of a Performance Share Agreement.