SEC Form 4 · accession 0000947871-17-000945
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor T. Rios
Officer — Chief Info. & Digital Officer
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 4:51 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 | Nov 16, 2017 | M | 631 | — | A | 5,031 | D | |
| Common Stock | Nov 16, 2017 | F | 225 | $24.87 | D | 4,806 | 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,F2 | — | Nov 16, 2017 | M | 631 | D | — | — | Common Stock | 631 | 1,272 | D |
Explanation of responses
- F1Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- F2These restricted stock units vest one-third on each anniversary following the grant date.