SVP of VALVOLINE INC just cashed-in 44,728 options

Anthony R. Puckett, SVP of VALVOLINE INC, recently cashed-in 44,728 options. The options were exercised at prices ranging between $16.67 and $20.99, while the disposals took place between $25.01 and $25.04 per share, on February 25, 2021. Puckett continues to hold 4,735 shares of the company. Puckett operates out of Lexington, KY. Some additional info was provided as follows:


Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
The price reported in Column 4 is a weighted average price. These shares of Valvoline common stock were sold in multiple transactions at prices ranging from $25.00 to $25.075, inclusive. Upon request, the Reporting Person will provide to Valvoline, any security holder of Valvoline, or the staff of the Securities and Exchange Commission full information regarding the shares of Valvoline common stock sold at each separate price within the range set forth in this footnote.
Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock as of the close of business on the Transaction Date.
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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

VALVOLINE: Press Release Announcing Segment Realignment And Share Repurchase Authorization Document - May 19, 2021

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