Lockwood Frances E. 4
4 · VALVOLINE INC · Filed Nov 18, 2019
Insider Transaction Report
Form 4
Lockwood Frances E.
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2019-11-15+660→ 36,951 total - Exercise/Conversion
Units
2019-11-15−660→ 0 total→ Common Stock (0 underlying) - Tax Payment
Common Stock
2019-11-15$23.05/sh−209$4,817→ 36,742 total
Holdings
- 12,924(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- [F2]Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock as of the close of business on November 15, 2019.
- [F3]The restricted stock units vest one-third on each anniversary following the grant date.