SEC Form 4 · accession 0000947871-17-000944
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary E Meixelsperger
Officer — Chief Financial Officer
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674910
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 16, 2017 | M | 2,899 | — | A | 29,948 | D | |
| Common Stock | Nov 16, 2017 | F | 1,033 | $24.87 | D | 28,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Nov 16, 2017 | M | 2,899 | D | — | — | Common Stock | 2,899 | 5,804 | D |
Explanation of responses
- F1Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- F2Includes 24,549 shares of unvested restricted stock.
- F3These restricted stock units vest one-third on each anniversary following the grant date.