GERRALD THOMAS A. II

PrivateCIK: 1685717

Location

LEXINGTON, KY

GERRALD THOMAS A. II (Senior VP, Core North America) exercised options at VALVOLINE INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

GERRALD THOMAS A. II

Filed: 11/20/2018ACC: 0001674910-18-000093

InsiderGERRALD THOMAS A. IICIK 1685717

→

IssuerVALVOLINE INCCIK 1674910

Officer· Senior VP, Core North America

Since Nov 2018

-1.20K

Net shares

Net seller

$24.4K

Total sold

0

Open market trades

0B · 0S

12

Total transactions

3.79K acquired · 4.98K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

Shares

+1.22K

Price / share

—

Trade value

—

% of position

195.7%

11/16/2018

621.00→1.84K

Common Stock

Direct

F · Tax Withholding

Shares

−384.00

Price / share

$20.41

Trade value

$7.84K

% of position

20.9%

11/16/2018

1.84K→1.45K

Common Stock

Direct

M · Option Exercise

Shares

+669.00

Price / share

—

Trade value

—

% of position

46.1%

11/16/2018

1.45K→2.12K

Common Stock

Direct

F · Tax Withholding

Shares

−212.00

Price / share

$20.41

Trade value

$4.33K

% of position

10.0%

11/16/2018

2.12K→1.91K

Common Stock

Direct

M · Option Exercise

Shares

+1.26K

Price / share

—

Trade value

—

% of position

65.8%

11/16/2018

1.91K→3.17K

Common Stock

Direct

F · Tax Withholding

Shares

−397.00

Price / share

$20.41

Trade value

$8.10K

% of position

12.5%

11/16/2018

3.17K→2.77K

Common Stock

Direct

M · Option Exercise

Shares

+645.00

Price / share

—

Trade value

—

% of position

23.3%

11/16/2018

2.77K→3.41K

Common Stock

Direct

F · Tax Withholding

Shares

−204.00

Price / share

$20.41

Trade value

$4.16K

% of position

6.0%

11/16/2018

3.41K→3.21K

Total

Net shares

+2.59K

Net value

-$24.43K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/16/2018	M · Option Exercise	+1.22K	—	—	195.7%	621.00	1.84K
Common Stock Direct	11/16/2018	F · Tax Withholding	−384.00	$20.41	$7.84K	20.9%	1.84K	1.45K
Common Stock Direct	11/16/2018	M · Option Exercise	+669.00	—	—	46.1%	1.45K	2.12K
Common Stock Direct	11/16/2018	F · Tax Withholding	−212.00	$20.41	$4.33K	10.0%	2.12K	1.91K
Common Stock Direct	11/16/2018	M · Option Exercise	+1.26K	—	—	65.8%	1.91K	3.17K
Common Stock Direct	11/16/2018	F · Tax Withholding	−397.00	$20.41	$8.10K	12.5%	3.17K	2.77K
Common Stock Direct	11/16/2018	M · Option Exercise	+645.00	—	—	23.3%	2.77K	3.41K
Common Stock Direct	11/16/2018	F · Tax Withholding	−204.00	$20.41	$4.16K	6.0%	3.41K	3.21K
Total			+2.59K		-$24.43K

Derivative Transactions4

Units

Direct

M · Option Exercise

Converts to

Common Stock

1.22K shares

Shares

−1.22K

Strike price

Held after

0.00

Exercisable

—

11/16/2018

Units

Direct

M · Option Exercise

Converts to

Common Stock

669.00 shares

Shares

−669.00

Strike price

Held after

0.00

Exercisable

—

11/16/2018

Units

Direct

M · Option Exercise

Converts to

Common Stock

1.26K shares

Shares

−1.26K

Strike price

Held after

0.00

Exercisable

—

11/16/2018

Units

Direct

M · Option Exercise

Converts to

Common Stock

645.00 shares

Shares

−645.00

Strike price

Held after

645.00

Exercisable

—

11/16/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Units Direct	Common Stock1.22K shares	11/16/2018	M · Option Exercise	−1.22K		—	0.00
Units Direct	Common Stock669.00 shares	11/16/2018	M · Option Exercise	−669.00		—	0.00
Units Direct	Common Stock1.26K shares	11/16/2018	M · Option Exercise	−1.26K		—	0.00
Units Direct	Common Stock645.00 shares	11/16/2018	M · Option Exercise	−645.00		—	645.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned3.14K

Total

3.14K indirect3.14K

Security Title	Shares Owned	Ownership Type
Common Stock	3.14K	Indirect
Total	3.14K	3.14K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported

GERRALD THOMAS A. II — Insider Transaction (Form 4) Filed Nov 20, 2018 | Finecho