Matheys Heidi J. 4
4 · VALVOLINE INC · Filed Apr 5, 2023
Insider Transaction Report
Form 4
Matheys Heidi J.
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2023-04-03$20.29/sh+11,298$229,236→ 51,131 total - Sale
Common Stock
2023-04-04$35.25/sh−5,823$205,261→ 37,159 total - Exercise/Conversion
Common Stock
2023-04-03$20.80/sh+9,684$201,427→ 46,843 total - Tax Payment
Common Stock
2023-04-03$35.33/sh−7,010$247,663→ 39,833 total - Tax Payment
Common Stock
2023-04-03$35.33/sh−8,149$287,904→ 42,982 total - Exercise/Conversion
FY 2016 Stock Appreciation Right
2023-04-03−9,684→ 0 totalExercise: $20.80Exp: 2025-12-18→ Common Stock (9,684 underlying) - Exercise/Conversion
FY 2017 Stock Appreciation Right
2023-04-03−11,298→ 0 totalExercise: $20.29Exp: 2026-12-16→ Common Stock (11,298 underlying)
Footnotes (3)
- [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]Fifty percent (50%) of the stock appreciation rights vested on November 18, 2016, twenty-five percent (25%) of the stock appreciation rights vested on November 18, 2017 and twenty-five percent (25%) of the stock appreciation rights vested on November 18, 2018.
- [F3]Fifty percent (50%) of the stock appreciation rights vested on November 16, 2017, twenty-five percent (25%) of the stock appreciation rights vested on November 16, 2018 and twenty-five percent (25%) of the stock appreciation rights vested on November 16, 2019.