Form 4 for VVV VALVOLINE INC
Accepted 2023-05-15 00:00:00 ET · period of report 2023-05-11 · accession 0001674910-23-000061 · 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 | 2023-05-15 | 2023-05-11 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | M - OptEx | $23.08 | +9,000 | 46.2K | +24% | +$207.7K |
| D | 2023-05-15 | 2023-05-12 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | S - Sale+OE | $38.64 | -2,546 | 37.2K | -6% | -$98.4K |
| D | 2023-05-15 | 2023-05-11 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | F - Tax | $38.50 | -6,454 | 39.7K | -14% | -$248.5K |
| D | 2023-05-15 | 2023-05-11 | VVV | Matheys Heidi J. | SVP, Chief Commercial Off | M - OptEx | $0.00 | -9,000 | 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 | 2023-05-11 | M | A | 9,000 | $23.08 | 46,159 | D | — | — | |
| 2 | Common | Common Stock | 2023-05-12 | S | D | 2,546 | $38.64 | 37,159 | D | — | — | |
| 3 | Common | Common Stock | 2023-05-11 | F | D | 6,454 | $38.50 | 39,705 | 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 | Derivative | Stock Appreciation Right | 2023-05-11 | M | D | 9,000 | $0.00 | 0 | D | $23.08 · — to 2027-11-13 | 9,000 Common Stock | (F2) Fifty percent (50%) of the Stock Appreciation Rights vested on November 13, 2018 and 25% vested on each of November 13, 2019 and November 13, 2020. |