Puckett Anthony R. 4

Accession 0001674910-21-000033

CIK 0001674910other

View on SEC.gov Company Profile

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 5:05 PM ET

Size

30.2 KB

Accession

0001674910-21-000033

Insider Transaction Report

Form 4

Period: 2021-02-25

VALVOLINE INCVVV

Puckett Anthony R.

President, Quick Lubes

Transactions

Exercise/Conversion
Common Stock
2021-02-25$20.99/sh+7,801$163,743→ 9,557 total
Tax Payment
Common Stock
2021-02-25$25.02/sh−6,874$171,987→ 6,212 total
Exercise/Conversion
FY 2016 Stock Appreciation Right
2021-02-25−9,684→ 0 total
Exercise: $20.80Exp: 2025-12-18→ Common Stock (9,684 underlying)
Exercise/Conversion
Stock Appreciation Right
2021-02-25−7,875→ 2,625 total
Exercise: $20.37Exp: 2028-11-19→ Common Stock (7,875 underlying)
Sale
Common Stock
2021-02-25$25.01/sh−6,212$155,362→ 0 total
Exercise/Conversion
FY 2014 Stock Appreciation Right
2021-02-25−8,070→ 0 total
Exercise: $16.67Exp: 2023-12-13→ Common Stock (8,070 underlying)
Exercise/Conversion
FY 2017 Stock Appreciation Right
2021-02-25−11,298→ 0 total
Exercise: $20.29Exp: 2026-12-16→ Common Stock (11,298 underlying)
Tax Payment
Common Stock
2021-02-25$25.04/sh−6,314$158,103→ 1,756 total
Tax Payment
Common Stock
2021-02-25$25.03/sh−6,929$173,433→ 2,628 total
Exercise/Conversion
Common Stock
2021-02-25$20.29/sh+11,298$229,236→ 15,046 total
Tax Payment
Common Stock
2021-02-25$25.03/sh−9,835$246,170→ 5,211 total
Exercise/Conversion
FY 2015 Stock Appreciation Right
2021-02-25−7,801→ 0 total
Exercise: $20.99Exp: 2024-12-12→ Common Stock (7,801 underlying)
Exercise/Conversion
Common Stock
2021-02-25$16.67/sh+8,070$134,527→ 8,070 total
Exercise/Conversion
Common Stock
2021-02-25$20.80/sh+9,684$201,427→ 12,312 total
Tax Payment
Common Stock
2021-02-25$25.03/sh−8,564$214,357→ 3,748 total
Exercise/Conversion
Common Stock
2021-02-25$20.37/sh+7,875$160,414→ 13,086 total

Holdings

Common Stock
(indirect: By 401(k))
4,735

Footnotes (4)

[F1]Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
[F2]The price reported in Column 4 is a weighted average price. These shares of Valvoline common stock were sold in multiple transactions at prices ranging from $25.00 to $25.075, inclusive. Upon request, the Reporting Person will provide to Valvoline, any security holder of Valvoline, or the staff of the Securities and Exchange Commission full information regarding the shares of Valvoline common stock sold at each separate price within the range set forth in this footnote.
[F3]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.
[F4]50% of the Stock Appreciation Rights vested on the first anniversary of the grant date and 25% vested on each of the second and third anniversaries of the grant date.

Documents

1 file

4
wf-form4_161463626776131.xmlPrimary
FORM 4

Issuer

VALVOLINE INC

CIK 0001674910

→

Entity typeother

Related Parties

filerCIK 0001685757

Filing Metadata

Form type: 4
Filed: Feb 28, 7:00 PM ET
Accepted: Mar 1, 5:05 PM ET
Size: 30.2 KB

View on SEC.gov