Matheys Heidi J. 4
4 · VALVOLINE INC · Filed Dec 1, 2022
Insider Transaction Report
Form 4
Matheys Heidi J.
Chief Marketing Officer
Transactions
- Award
FY 2023 Restricted Stock Units
2022-11-29+2,180→ 2,180 total→ Common Stock (2,180 underlying) - Award
FY 2023 Stock Appreciation Rights
2022-11-29+5,490→ 5,490 totalExercise: $32.85Exp: 2032-11-29→ Common Stock (5,490 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- [F2]The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]Fifty percent (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.