Freeland Richard Joseph 4
4 · VALVOLINE INC · Filed Feb 3, 2020
Insider Transaction Report
Form 4
Freeland Richard Joseph
Director
Transactions
- Award
Units
2020-01-30+5,224→ 17,146 total→ Common Stock (5,224 underlying)
Footnotes (3)
- [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.