SEC Form 4 · accession 0000947871-17-000592
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig A. Moughler
Officer — Senior Vice President
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674910
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F1 | — | Jul 27, 2017 | A | 4,113 | A | — | — | Common Stock | 4,113 | 4,113 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive one share of Valvoline common stock.
- F2The Reporting Person held performance units for which performance was certified on the transaction date. Following the certification, the units remain outstanding as restricted stock units and are scheduled to vest upon the third anniversary of the grant date of the units (November 12, 2017), subject to the continued employment of the Reporting Person with Valvoline through such vesting date.