Browning Jay D. 4
4 · VALERO ENERGY CORP/TX · Filed Nov 3, 2017
Insider Transaction Report
Form 4
Browning Jay D.
EVP & GC
Transactions
- Award
Common Stock, $.01 par value
2017-11-01+11,060→ 210,639 total - Tax Payment
Common Stock, $.01 par value
2017-11-01$80.00/sh−4,640$371,200→ 205,999 total - Award
Performance Shares
2017-11-01+11,060→ 11,060 totalExp: 2021-01-31→ Common Stock
Footnotes (4)
- [F1]Award of restricted common shares subject to time vesting.
- [F2]Shares withheld to satisfy tax obligation for restricted stock holdings.
- [F3]The 205,999 amount does not include (a) 395.7206 shares indirectly owned by the reporting person in a thrift plan, or (b) 230 shares held by the reporting person's spouse.
- [F4]The performance shares vest annually in one-third increments beginning in January 2019, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares, and the reporting person may designate to receive up to 50 percent of the vested shares, if any, in cash equivalent based on the vesting date value.