Form 4 for VVV VALVOLINE INC
Accepted 2021-07-07 00:00:00 ET · period of report 2021-07-06 · accession 0001674910-21-000081 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-07 | 2021-07-06 | VVV | MITCHELL SAMUEL J | CEO, Dir | F - Tax | $32.52 | -28.9K | 264.6K | -10% | -$938.5K |
| D | 2021-07-07 | 2021-07-06 | VVV | MITCHELL SAMUEL J | CEO, Dir | M - OptEx | $10.33 | +52.2K | 293.5K | +22% | +$539.1K |
| D | 2021-07-07 | 2021-07-06 | VVV | MITCHELL SAMUEL J | CEO, Dir | M - OptEx | $0.00 | -52.2K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-06 | F | D | 28,859 | $32.52 | 264,647 | D | — | — | (F2) Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights. |
| 2 | Common | Common Stock | 2021-07-06 | M | A | 52,189 | $10.33 | 293,506 | D | — | — | (F1) Transactions were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 21, 2021. |
| 3 | Derivative | FY 2011 Stock Appreciation Right | 2021-07-06 | M | D | 52,189 | $0.00 | 0 | D | $10.33 · — to 2022-01-02 | 52,189 Common Stock | (F1) Transactions were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 21, 2021. (F4) 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. |