Joseph W. Gorder - 20 Jan 2022 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
COB & CEO, Director
Signature
/s/ Ethan A. Jones, as Attorney-in-Fact for Joseph W. Gorder
Issuer symbol
VLO
Transactions as of
20 Jan 2022
Net transactions value
-$7,139,818
Form type
4
Filing time
24 Jan 2022, 17:15:52 UTC
Previous filing
05 Jan 2022
Next filing
24 Feb 2022
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 +35,853 +7.3% $0.000000 529,066 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +27,139 +5.1% $0.000000 556,205 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +29,772 +5.4% $0.000000 585,977 20 Jan 2022 Direct
transaction VLO Common Stock Options Exercise $0 +30,632 +5.2% $0.000000 616,609 20 Jan 2022 Direct
transaction VLO Common Stock Tax liability $4,034,849 -48,598 -7.9% $83.02 568,011 20 Jan 2022 Direct
transaction VLO Common Stock Disposed to Issuer $3,104,969 -37,398 -6.6% $83.02 530,613 20 Jan 2022 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 -18,006 -100% $0.000000* 0 20 Jan 2022 Common Stock 35,853 $0.000000 Direct F2
transaction VLO Performance Shares Options Exercise $0 -19,837 -50% $0.000000 19,837 20 Jan 2022 Common Stock 27,139 $0.000000 Direct F3
transaction VLO Performance Shares Options Exercise $0 -22,907 -50% $0.000000 22,907 20 Jan 2022 Common Stock 29,772 $0.000000 Direct F4
transaction VLO Performance Shares Options Exercise $0 -29,250 -33% $0.000000 58,500 20 Jan 2022 Common Stock 30,632 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 530,613 amount does not include 3,967.732 shares indirectly held by the reporting person in a thrift plan.
F2 Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement.
F3 Settlement of previously awarded performance shares at 125% of base pursuant to terms of a Performance Share Agreement.
F4 Settlement of previously awarded performance shares at 118.75% of base pursuant to terms of a Performance Share Agreement.
F5 Settlement of previously awarded performance shares at 100% of base pursuant to terms of a Performance Share Agreement.