SEC Form 4 · accession 0001674910-18-000076
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 13, 2018
Accepted (ET)
Nov 14, 2018 · 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 13, 2018 | M | 2,658 | — | A | 29,925 | D | |
| Common StockF2 | Nov 13, 2018 | F | 840 | $19.73 | D | 29,085 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitsF1,F3 | — | Nov 13, 2018 | M | 2,658 | D | — | — | Common Stock | 2,658 | 5,317 | D |
Explanation of responses
- F1Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- F2Includes 18,671 shares of unvested restricted stock.
- F3The restricted stock units vest one-third on each anniversary following the grant date.