WALSH RICHARD JOE (SVP 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

WALSH RICHARD JOE

Filed: 1/22/2024ACC: 0001816276-24-000002

InsiderWALSH RICHARD JOECIK 1816276

→

IssuerVALERO ENERGY CORP/TXCIK 1035002

Officer· SVP and GC

Since Jul 2020

-5.26K

Net shares

Net seller

$846.2K

Total sold

Open market trades

0B · 0S

Total transactions

9.66K acquired · 14.92K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+3.50K

Price / share

—

Trade value

—

% of position

4.6%

1/18/2024

75.23K→78.73K

Common Stock

Direct

M · Option Exercise

+3.54K

Price / share

—

Trade value

—

% of position

4.5%

1/18/2024

78.73K→82.27K

Common Stock

Direct

M · Option Exercise

+2.62K

Price / share

—

Trade value

—

% of position

3.2%

1/18/2024

82.27K→84.89K

Common Stock

Direct

F · Tax Withholding

−3.86K

Price / share

$125.23

Trade value

$483.16K

% of position

4.5%

1/18/2024

84.89K→81.03K

Common Stock

Direct

D · Disposition

−2.90K

Price / share

$125.23

Trade value

$363.06K

% of position

3.6%

1/18/2024

81.03K→78.13K

Total

Net shares

+2.90K

Net value

-$846.21K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/18/2024	M · Option Exercise	+3.50K	—	—	4.6%	75.23K	78.73K
Common Stock Direct	1/18/2024	M · Option Exercise	+3.54K	—	—	4.5%	78.73K	82.27K
Common Stock Direct	1/18/2024	M · Option Exercise	+2.62K	—	—	3.2%	82.27K	84.89K
Common Stock Direct	1/18/2024	F · Tax Withholding	−3.86K	$125.23	$483.16K	4.5%	84.89K	81.03K
Common Stock Direct	1/18/2024	D · Disposition	−2.90K	$125.23	$363.06K	3.6%	81.03K	78.13K
Total			+2.90K		-$846.21K

Derivative Transactions3

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

3.50K shares

−3.19K

Strike price

Held after

0.00

Exercisable

—

1/18/2024

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

3.54K shares

−2.66K

Strike price

Held after

2.66K

Exercisable

—

1/18/2024

Performance Shares

Direct

M · Option Exercise

Converts to

Common Stock

2.62K shares

−2.31K

Strike price

Held after

4.61K

Exercisable

—

1/18/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Shares Direct	Common Stock3.50K shares	1/18/2024	M · Option Exercise	−3.19K	—	0.00
Performance Shares Direct	Common Stock3.54K shares	1/18/2024	M · Option Exercise	−2.66K	—	2.66K
Performance Shares Direct	Common Stock2.62K shares	1/18/2024	M · Option Exercise	−2.31K	—	4.61K