Filing Details
- Accession Number:
- 0001674910-21-000095
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-24 17:02:19
- Reporting Period:
- 2021-08-20
- Accepted Time:
- 2021-08-24 17:02:19
- 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 |
---|---|---|---|---|---|---|---|
1685295 | Marie Julie O'daniel | 100 Valvoline Way Lexington KY 40509 | Clo And Corp. Secy | 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 | 2021-08-20 | 4,304 | $16.67 | 13,369 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-08-20 | 3,016 | $29.81 | 10,353 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 4,035 | $20.99 | 14,388 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-08-20 | 3,226 | $29.79 | 11,162 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 5,111 | $20.80 | 16,273 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-08-20 | 4,065 | $29.78 | 12,208 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 20,983 | $20.29 | 33,191 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-08-20 | 16,440 | $29.79 | 16,751 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 10,500 | $20.37 | 27,251 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-08-20 | 8,245 | $29.80 | 19,006 | No | 4 | F | Direct | |
Common Stock | Disposition | 2021-08-20 | 4,969 | $29.81 | 14,037 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 2,038 | $29.81 | 2,965 | No | 4 | I | Indirect | By 401(k) Plan |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | I | Indirect | By 401(k) Plan |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | FY 2014 Stock Appreciation Right | Disposition | 2021-08-20 | 4,304 | $0.00 | 4,304 | $16.67 |
Common Stock | FY 2015 Stock Appreciation Right | Disposition | 2021-08-20 | 4,035 | $0.00 | 4,035 | $20.99 |
Common Stock | FY 2016 Stock Appreciation Right | Disposition | 2021-08-20 | 5,111 | $0.00 | 5,111 | $20.80 |
Common Stock | FY 2017 Stock Appreciation Right | Disposition | 2021-08-20 | 20,983 | $0.00 | 20,983 | $20.29 |
Common Stock | FY 2019 Stock Appreciation Rights | Disposition | 2021-08-20 | 10,500 | $0.00 | 10,500 | $20.37 |
Common Stock | Units | Acquisiton | 2021-08-20 | 3,768 | $29.81 | 3,768 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2023-12-13 | No | 4 | M | Direct | |
0 | 2024-12-12 | No | 4 | M | Direct | |
0 | 2025-12-18 | No | 4 | M | Direct | |
0 | 2026-12-16 | No | 4 | M | Direct | |
3,500 | 2028-11-19 | No | 4 | M | Direct | |
3,768 | No | 4 | I | Direct |
Footnotes
- Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
- The price reported in Column 4 is a weighted average price. These shares of Valvoline common stock were sold in multiple transactions at prices ranging from $29.80 to $29.821, inclusive. Upon request, the Reporting Person will provide to Valvoline, any security holder of Valvoline, or the staff of the Securities and Exchange Commission full information regarding the shares of Valvoline common stock sold at each separate price within the range set forth in this footnote.
- Represents the approximate number of shares of Valvoline Comon 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 the the Reporting Date.
- 50% of the Stock Appreciation Rights vest on the first anniversary of the grant date and 25% vest on each of the second and third anniversaries of the grant date.
- Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution.
- Shares of Valvoline common stock become payable in respect of the units upon the Reporting Person's death or separation from service in accordance with the terms of the Nonqualified Defined Contribution Plan.