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
  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 $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.
  3. 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.
  4. 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.
  5. Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution.
  6. 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.