VALVOLINE INC 4
4 · VALVOLINE INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
KIRK STEPHEN F
Director
Transactions
- Award
Restricted Stock Units
2016-10-01+1,561→ 1,561 total→ Common Stock (1,561 underlying) - Award
Common Stock
2016-10-01+4,937→ 4,937 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of VVV common stock.
- [F2]The Restricted Stock Units vest one year after date of grant.
- [F3]Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.