KIRK STEPHEN F 4
4 · VALVOLINE INC · Filed Feb 4, 2019
Insider Transaction Report
Form 4
KIRK STEPHEN F
Director
Transactions
- Award
Units
2019-01-31+4,976→ 34,203 total→ Common Stock (4,976 underlying) - Discretionary Transaction
Units
2019-01-31$22.11/sh+2,403$53,130→ 31,800 totalExercise: $22.11→ Common Stock (2,403 underlying)
Footnotes (4)
- [F1]Each unit represents a right to receive one share of Valvoline common stock.
- [F2]Represents annual award of units pursuant to Valvoline's 2016 Deferred Compensation Plan for Non-Employee Directors.
- [F3]The units vest one year after the date of grant. Any vested units will be paid in cash or in shares of common stock at the time specified in the reporting person's distribution election form, or if no election is made, upon separation from service.
- [F4]Intraplan transfer by the Reporting Person of units held in Valvoline's 2016 Deferred Compensation Plan for Non-Employee Directors.