SEC Form 4 · accession 0000947871-17-000821
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel J Mitchell
Officer — Chief Executive Officer · Director
Period of report
Oct 20, 2017
Accepted (ET)
Oct 23, 2017 · 4:30 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitF1,F2 | — | Oct 20, 2017 | A | 152 | A | — | — | Common Stock | 152 | 190,725 | D |
Explanation of responses
- F1Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution.
- F2Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Valvoline 2016 Deferred Compensation Plan for Employees (the "Plan")) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.