Lockwood Frances E. 4
4 · VALVOLINE INC · Filed Nov 20, 2019
Insider Transaction Report
Form 4
Lockwood Frances E.
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2019-11-19$23.19/sh−202$4,684→ 37,179 total - Exercise/Conversion
Units
2019-11-19−639→ 1,282 total→ Common Stock (0 underlying) - Exercise/Conversion
Common Stock
2019-11-19+639→ 37,381 total
Holdings
- 12,951(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 the Transaction Date.
- [F3]The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.