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VALVOLINE INC — Director's Dealing 2019
Mar 25, 2019
31007_dirs_2019-03-25_846b328d-4082-4873-9549-478b1ab729ea.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2019-03-18
Reporting Person: Muashsher Jamal K (SVP, International)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2515 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| FY 2017 Stock Appreciation Right | $20.29 | 2026-12-16 | Common Stock (8877.0) | Direct | |
| FY 2016 Stock Appreciation Right | $20.8 | 2025-12-18 | Common Stock (4842.0) | Direct | |
| FY 2015 Stock Appreciation Right | $20.99 | 2024-12-12 | Common Stock (2959.0) | Direct | |
| Units | $ | Common Stock (1779.0) | Direct | ||
| Units | $ | Common Stock (6454.0) | Direct | ||
| Units | $ | Common Stock (1004.0) | Direct | ||
| Units | $ | Common Stock (102.0) | Direct | ||
| Units | $ | Common Stock (557.0) | Direct |
Footnotes
F1: The stock appreciation rights granted on November 16, 2016 vested 50% on November 16, 2017, 25% on November 16, 2018 and the remaining 25% will vest on November 16, 2019.
F2: The stock appreciation rights granted on November 18, 2015 are fully exercisable.
F3: The stock appreciation rights granted on November 12, 2014 are fully exercisable.
F4: The restricted stock units granted on November 19, 2018 vest in three equal annual installments beginning on the first anniversary of the grant date.
F5: Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F6: The restricted stock units granted on November 13, 2017 vest in full on November 13, 2020.
F7: The restricted stock units granted on November 13, 2017 vest in three equal annual installments beginning on the first anniversary of the grant date.
F8: The restricted stock units granted on September 14, 2017 vest in full on September 14, 2019.
F9: The restricted stock units granted on November 16, 2016 vest in three equal annual installments beginning on the first anniversary of the grant date.