Joseph W. Gorder - 18 Jan 2024 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Role
Director
Signature
/s/ Ethan A. Jones as Attorney-in-Fact for Joseph W. Gorder
Issuer symbol
VLO
Transactions as of
18 Jan 2024
Transactions value $
-$6,847,599
Form type
4
Filing time
22 Jan 2024, 17:55:11 UTC
Previous filing
16 Aug 2023
Next filing
14 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 +32K +5.54% $0.00 610K 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +28.6K +4.69% $0.00 639K 18 Jan 2024 Direct
transaction VLO Common Stock Options Exercise $0 +17.8K +2.78% $0.00 656K 18 Jan 2024 Direct
transaction VLO Common Stock Tax liability -$3.87M -30.9K -4.71% $125.24 625K 18 Jan 2024 Direct
transaction VLO Common Stock Disposed to Issuer -$2.98M -23.8K -3.8% $125.24 602K 18 Jan 2024 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 -29.3K -100% $0.00* 0 18 Jan 2024 Common Stock 32K $0.00 Direct F2
transaction VLO Performance Shares Options Exercise $0 -21.5K -50% $0.00 21.5K 18 Jan 2024 Common Stock 28.6K $0.00 Direct F3
transaction VLO Performance Shares Options Exercise $0 -15.6K -33.33% $0.00 31.3K 18 Jan 2024 Common Stock 17.8K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 601,635 amount does not include 4,246.978 shares indirectly held by the reporting person in a thrift plan and the reporting person no longer indirectly owns any VLO common stock through any family trusts.
F2 Settlement of previously awarded performance shares at 100% 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 granted performance shares at 110% of base pursuant to terms of a Performance Share Agreement.