FRASER JASON W. (EVP and GC) exercised options at VALERO ENERGY CORP/TX

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

FRASER JASON W.

Filed: 1/22/2024ACC: 0001035002-24-000002

InsiderFRASER JASON W.CIK 1762813

→

IssuerVALERO ENERGY CORP/TXCIK 1035002

Officer· EVP and GC

Since Jan 2019

-13.31K

Net shares

Net seller

$2.15M

Total sold

Open market trades

0B · 0S

Total transactions

24.59K acquired · 37.90K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+9.32K

Price / share

—

Trade value

—

% of position

8.3%

1/18/2024

111.78K→121.11K

Common Stock

Direct

M · Option Exercise

+9.39K

Price / share

—

Trade value

—

% of position

7.8%

1/18/2024

121.11K→130.50K

Common Stock

Direct

M · Option Exercise

+5.87K

Price / share

—

Trade value

—

% of position

4.5%

1/18/2024

130.50K→136.37K

Common Stock

Direct

F · Tax Withholding

−9.73K

Price / share

$125.23

Trade value

$1.22M

% of position

7.1%

1/18/2024

136.37K→126.64K

Common Stock

Direct

D · Disposition

−7.43K

Price / share

$125.23

Trade value

$930.12K

% of position

5.9%

1/18/2024

126.64K→119.21K

Total

Net shares

+7.43K

Net value

-$2.15M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/18/2024	M · Option Exercise	+9.32K	—	—	8.3%	111.78K	121.11K
Common Stock Direct	1/18/2024	M · Option Exercise	+9.39K	—	—	7.8%	121.11K	130.50K
Common Stock Direct	1/18/2024	M · Option Exercise	+5.87K	—	—	4.5%	130.50K	136.37K
Common Stock Direct	1/18/2024	F · Tax Withholding	−9.73K	$125.23	$1.22M	7.1%	136.37K	126.64K
Common Stock Direct	1/18/2024	D · Disposition	−7.43K	$125.23	$930.12K	5.9%	126.64K	119.21K
Total			+7.43K		-$2.15M

Derivative Transactions3

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

9.32K shares

−8.51K

Strike price

Held after

0.00

Exercisable

—

1/18/2024

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

9.39K shares

−7.06K

Strike price

Held after

7.06K

Exercisable

—

1/18/2024

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

5.87K shares

−5.17K

Strike price

Held after

10.34K

Exercisable

—

1/18/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Shares Direct	Common Stock9.32K shares	1/18/2024	M · Option Exercise	−8.51K	—	0.00
Performance Shares Direct	Common Stock9.39K shares	1/18/2024	M · Option Exercise	−7.06K	—	7.06K
Performance Shares Direct	Common Stock5.87K shares	1/18/2024	M · Option Exercise	−5.17K	—	10.34K