Filing Details

Accession Number:
0001674910-19-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-01-22 17:43:52
Reporting Period:
2019-01-17
Accepted Time:
2019-01-22 17:43:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1674910 Valvoline Inc VVV Miscellaneous Products Of Petroleum & Coal (2990) 300939371
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1685753 A. Craig Moughler 100 Valvoline Way
Lexington KY 40509
Senior Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-01-17 6,456 $10.33 27,221 No 4 M Direct
Common Stock Disposition 2019-01-17 4,362 $21.26 22,859 No 4 F Direct
Common Stock Disposition 2019-01-18 2,551 $21.88 20,308 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock FY 2012 Stock Appreciation Right Acquisiton 2019-01-17 6,456 $0.00 6,456 $10.33
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-01-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 9,344 Indirect By 401(k) Plan
Footnotes
  1. Transations were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 9, 2018.
  2. Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $21.85 to $22.00, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock as of the close of business on January 18, 2019.
  5. 50% of the stock appreciation rights vested on the first anniversary of the grant date and 25% vested on each of the second and third anniversaries of the grant date.