Valvoline Common Stock definition

Valvoline Common Stock means the common stock, $0.01 par value per share, of Valvoline.
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Valvoline Common Stock shall have the meaning set forth in the Separation Agreement.
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Examples of Valvoline Common Stock in a sentence

  • Valvoline shall prepare and file, and shall use reasonable best efforts to have approved prior to the Initial Public Offering, an application for the listing of the Valvoline Common Stock to be offered and sold in the Initial Public Offering on the Exchange.

  • The Valvoline Common Stock shall have been accepted for listing on the Exchange or another national securities exchange approved by Ashland Global, subject to official notice of issuance.

  • Participants elect how to invest their account balances from a diverse set of hypothetical investment options, including mutual funds and Valvoline Common Stock.

  • Includes restricted shares of Valvoline Common Stock: as to each non-employee director, other than Ms. Kruse and Mr. Evans, 4,937 shares; and as to all directors and executive officers as a group, 29,622 shares.

  • Subsequent to that period, obligations will be satisfied using Valvoline Common Stock.

  • The equity incentive-based components are based on the closing price of Valvoline Common Stock as of September 30, 2020 ($19.04).

  • Capital Research Global Investors, an investment adviser and division of CRMC, beneficially owned 11,663,237 shares of Valvoline Common Stock as of December 31, 2019, with sole voting power over 11,662,946 shares and sole dispositive power over 11,663,237 shares.

  • Eligible Directors in the Director Plan may elect to defer all or a portion of their annual retainer and other fees in hypothetical investment options, including mutual funds and Valvoline Common Stock.

  • SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS There is hereby incorporated by reference the information to appear under the captions “Valvoline Common Stock Ownership of Certain Beneficial Owners,” Valvoline Common Stock Ownership of Directors and Executive Officers of Valvoline” and “Equity Compensation Plan Information” in Valvoline’s Proxy Statement.

  • The Company has reserved 1,000,000 shares of Valvoline Common Stock for issuance under the Director Deferral Plan.

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