SEC Form 4 · accession 0000950157-17-000283
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vada O Manager
Director
Period of report
Jan 3, 2017
Accepted (ET)
Feb 24, 2017 · 2:41 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock UnitsF2,F1,F3 | — | Jan 3, 2017 | A | 67 | A | — | — | Common Stock | 67 | 67 | D |
Explanation of responses
- F1Each unit represents a right to receive one share of VVV common stock.
- F2Acquired pursuant to the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), and exempt pursuant to Rule 16b-3.
- F3Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable upon separation from service as a director.