Cheryl L. Thomas - 23 Feb 2023 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
23 Feb 2023
Transactions value $
-$385,062
Form type
4
Filing time
24 Feb 2023, 15:22:31 UTC
Previous filing
02 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 Award $0 +7.43K +11.21% $0.00 73.7K 23 Feb 2023 Direct F1
transaction VLO Common Stock Tax liability -$385K -2.92K -3.97% $131.69 70.8K 23 Feb 2023 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 +7.43K $0.00 7.43K 23 Feb 2023 Common Stock $0.00 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 shares 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 Feb. 2024, 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.