MITCHELL SAMUEL J 4
4 · VALVOLINE INC · Filed Dec 1, 2022
Insider Transaction Report
Form 4
MITCHELL SAMUEL J
DirectorChief Executive Officer
Transactions
- Award
FY 2023 Stock Appreciation Rights
2022-11-29+58,320→ 58,320 totalExercise: $32.85Exp: 2032-11-29→ Common Stock (58,320 underlying) - Award
FY 2023 Restricted Stock Units
2022-11-29+23,090→ 23,090 total→ Common Stock (23,090 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.