4//SEC Filing
VALVOLINE INC 4
Accession 0000950157-17-000399
$VVVCIK 0001674910operating
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 11:32 AM ET
Size
5.8 KB
Accession
0000950157-17-000399
Insider Transaction Report
Form 4
KIRK STEPHEN F
Director
Transactions
- Award
Restricted Stock Units
2017-03-15$22.83/sh+14.004$320→ 6,538.68 total→ Common Stock (14.004 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.
- [F2]Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.
- [F3]The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.
- [F4]Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.
Documents
Issuer
VALVOLINE INC
CIK 0001674910
Entity typeoperating
Related Parties
1- filerCIK 0001674910
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 11:32 AM ET
- Size
- 5.8 KB