SEC Form 4 · accession 0001674910-18-000074
VALVOLINE INC · VVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heidi J. Matheys
Officer — SVP, Chief Marketing Officer
Period of report
Nov 13, 2018
Accepted (ET)
Nov 14, 2018 · 4:48 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 13, 2018 | M | 709 | — | A | 15,112 | D | |
| Common Stock | Nov 13, 2018 | F | 228 | $19.73 | D | 14,884 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitsF1,F2 | — | Nov 13, 2018 | M | 709 | D | — | — | Common Stock | 709 | 1,419 | D |
Explanation of responses
- F1Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- F2The restricted stock units vest one-third on each anniversary following the grant date.