Filing Details

Accession Number:
0001674910-21-000033
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-01 17:05:19
Reporting Period:
2021-02-25
Accepted Time:
2021-03-01 17:05:19
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
1685757 R. Anthony Puckett 100 Valvoline Way
Lexington KY 40509
Svp, President, Quick Lubes 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 2021-02-25 8,070 $16.67 8,070 No 4 M Direct
Common Stock Disposition 2021-02-25 6,314 $25.04 1,756 No 4 F Direct
Common Stock Acquisiton 2021-02-25 7,801 $20.99 9,557 No 4 M Direct
Common Stock Disposition 2021-02-25 6,929 $25.03 2,628 No 4 F Direct
Common Stock Acquisiton 2021-02-25 9,684 $20.80 12,312 No 4 M Direct
Common Stock Disposition 2021-02-25 8,564 $25.03 3,748 No 4 F Direct
Common Stock Acquisiton 2021-02-25 11,298 $20.29 15,046 No 4 M Direct
Common Stock Disposition 2021-02-25 9,835 $25.03 5,211 No 4 F Direct
Common Stock Acquisiton 2021-02-25 7,875 $20.37 13,086 No 4 M Direct
Common Stock Disposition 2021-02-25 6,874 $25.02 6,212 No 4 F Direct
Common Stock Disposition 2021-02-25 6,212 $25.01 0 No 4 S Direct
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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock FY 2014 Stock Appreciation Right Disposition 2021-02-25 8,070 $0.00 8,070 $16.67
Common Stock FY 2015 Stock Appreciation Right Disposition 2021-02-25 7,801 $0.00 7,801 $20.99
Common Stock FY 2016 Stock Appreciation Right Disposition 2021-02-25 9,684 $0.00 9,684 $20.80
Common Stock FY 2017 Stock Appreciation Right Disposition 2021-02-25 11,298 $0.00 11,298 $20.29
Common Stock Stock Appreciation Right Disposition 2021-02-25 7,875 $0.00 7,875 $20.37
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
2,625 2028-11-19 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,735 Indirect By 401(k) Plan
Footnotes
  1. Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
  2. 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 $25.00 to $25.075, 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.
  3. 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 the Transaction Date.
  4. 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.