VALVOLINE INC 4
4 · VALVOLINE INC · Filed Jun 19, 2017
Insider Transaction Report
Form 4
KIRK STEPHEN F
Director
Transactions
- Award
Unit
2017-06-15+50→ 24,176 total→ Common Stock (50 underlying)
Footnotes (3)
- [F1]Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution.
- [F2]Acquired pursuant to the dividend reinvestment feature of the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors ("the Plan"), and exempt pursuant to Rule 16b-3.
- [F3]Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.