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 · 1 exercise
Filed: 11/18/2019ACC: 0001674910-19-000155
Officer· Senior VP, Core North America
Since Nov 2018
+14.78K
Net shares
Net buyer
$4.8K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
15.65K acquired · 869.00 disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+660.00
Price / share
—
Trade value
—
% of position
30.0%
11/15/2019
2.20K→2.86K
Common Stock
Direct
Shares
−209.00
Price / share
$23.05
Trade value
$4.82K
% of position
7.3%
11/15/2019
2.86K→2.65K
Total
Net shares
+451.00
Net value
-$4.82K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/15/2019 | M · Option Exercise | +660.00 | — | — | 30.0% | 2.20K | 2.86K |
| Common Stock Direct | 11/15/2019 | F · Tax Withholding | −209.00 | $23.05 | $4.82K | 7.3% | 2.86K | 2.65K |
| Total | +451.00 | -$4.82K | ||||||
Derivative Transactions3
FY 2020 Restricted Stock Units
Direct
Converts to
Common Stock
2.83K shares
Shares
+2.83K
Strike price
Held after
2.83K
Exercisable
—
11/14/2019
FY 2020 Stock Appreciation Rights
Direct
Converts to
Common Stock
12.16K shares
Shares
+12.16K
Strike price
23.01
Held after
12.16K
Exercisable
—
11/14/2019
Units
Direct
Converts to
Common Stock
0.00 shares
Shares
−660.00
Strike price
Held after
0.00
Exercisable
—
11/15/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| FY 2020 Restricted Stock Units Direct | Common Stock2.83K shares | 11/14/2019 | A · Award | +2.83K | — | 2.83K | |
| FY 2020 Stock Appreciation Rights Direct | Common Stock12.16K shares | 11/14/2019 | A · Award | +12.16K | 23.01 | — | 12.16K |
| Units Direct | Common Stock0.00 shares | 11/15/2019 | M · Option Exercise | −660.00 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned3.20K
Total
3.20K indirect3.20K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 3.20K | Indirect |
| Total | 3.20K | 3.20K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported