Form 4 for VVV VALVOLINE INC
Accepted 2023-04-05 00:00:00 ET · period of report 2023-04-03 · accession 0001674910-23-000045 · 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 | 2023-04-05 | 2023-04-04 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | S - Sale+OE | $35.25 | -5,823 | 37.2K | -14% | -$205.3K |
| DM | 2023-04-05 | 2023-04-03 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | M - OptEx | $20.53 | +21.0K | 51.1K | +70% | +$430.7K |
| DM | 2023-04-05 | 2023-04-03 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | F - Tax | $35.33 | -15.2K | 39.8K | -28% | -$535.6K |
| DM | 2023-04-05 | 2023-04-03 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | M - OptEx | $0.00 | -21.0K | 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 | 2023-04-04 | S | D | 5,823 | $35.25 | 37,159 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-03 | M | A | 9,684 | $20.80 | 46,843 | D | — | — | |
| 3 | Common | Common Stock | 2023-04-03 | F | D | 8,149 | $35.33 | 42,982 | D | — | — | (F1) Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of Stock Appreciation Rights. |
| 4 | Common | Common Stock | 2023-04-03 | M | A | 11,298 | $20.29 | 51,131 | D | — | — | |
| 5 | Common | Common Stock | 2023-04-03 | F | D | 7,010 | $35.33 | 39,833 | D | — | — | (F1) Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of Stock Appreciation Rights. |
| 6 | Derivative | FY 2016 Stock Appreciation Right | 2023-04-03 | M | D | 9,684 | $0.00 | 0 | D | $20.80 · — to 2025-12-18 | 9,684 Common Stock | (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. |
| 7 | Derivative | FY 2017 Stock Appreciation Right | 2023-04-03 | M | D | 11,298 | $0.00 | 0 | D | $20.29 · — to 2026-12-16 | 11,298 Common Stock | (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. |