Cheryl L. Thomas - 22 Feb 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
Issuer symbol
VLO
Transactions as of
22 Feb 2022
Transactions value $
-$309,137
Form type
4
Filing time
24 Feb 2022, 15:35:24 UTC
Previous filing
24 Jan 2022
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +9,040 +16.16% $0 64,970 22 Feb 2022 Direct F1
transaction VLO Common Stock Tax liability -$309,136 -3,558 -5.48% $86.88 61,412 22 Feb 2022 Direct F2

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 Award $0 +9,040 $0 9,040 22 Feb 2022 Common Stock 0 $0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted common stock subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 The performance shares vest annually in one-third increments beginning in January 2023, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares pursuant to the terms of a Performance Share Agreement.