Rios Victor T. 4
4 · VALVOLINE INC · Filed Nov 15, 2017
Insider Transaction Report
Form 4
Rios Victor T.
Chief Info. & Digital Officer
Transactions
- Award
Restricted Stock Unit
2017-11-13+1,580→ 1,580 total→ Common Stock (1,580 underlying) - Award
Stock Appreciation Right
2017-11-13+6,750→ 6,750 totalExercise: $23.08Exp: 2027-11-13→ Common Stock (6,750 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive one share of Valvoline common stock.
- [F2]The restricted stocks units vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]Fifty percent (50%) of the stock appreciation rights vest on November 13, 2018, twenty-five percent (25%) of the stock appreciation rights vest on November 13, 2019 and twenty-five percent (25%) of the stock appreciation rights vest on November 13, 2020.