Freeland Richard Joseph 4
4 · VALVOLINE INC · Filed Jan 27, 2023
Insider Transaction Report
Form 4
Freeland Richard Joseph
Director
Transactions
- Award
FY 2023 Restricted Stock Units
2023-01-26+3,947→ 3,947 total→ Common Stock (3,947 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- [F2]Represents annual award of restricted stock units pursuant to the 2016 Valvoline Inc. Incentive Plan.
- [F3]The restricted stock units vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement of the award until separation from service.