VALVOLINE INC. (NYSE:VVV) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07.
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Submission of Matters to a Vote of Security Holders.
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Shareholders (Annual Meeting) on January 24, 2017. At
the Annual Meeting, a total of 199,539,537 shares of Common
Stock, representing 97.6% of the shares outstanding and
eligible to vote and constituting a quorum, were represented in
person or by valid proxies. The final results for each of the
matters submitted to a vote of shareholders at the Annual
Meeting are as follows:
serve a one-year term until the following annual meeting of
Valvolines shareholders and until their successors have been
duly elected and qualified, by the votes set forth in the table
below:
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Nominees
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For
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Against
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Abstain
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Broker Non-Vote
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Richard J. Freeland
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197,138,771
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392,709
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55,429
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1,952,628
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Stephen F. Kirk
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187,170,564
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10,360,915
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55,430
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1,952,628
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Stephen E. Macadam
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197,139,826
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391,554
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55,529
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1,952,628
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Vada O. Manager
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186,813,730
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10,716,740
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56,439
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1,952,628
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Samuel J. Mitchell, Jr.
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197,466,456
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65,499
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54,954
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1,952,628
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Charles M. Sonsteby
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197,138,498
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392,952
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55,459
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1,952,628
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Mary J. Twinem
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197,139,319
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392,160
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55,430
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1,952,628
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William A. Wulfsohn
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186,679,662
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10,849,226
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58,021
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1,952,628
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independent registered public accountants for fiscal 2017 was
ratified by the shareholders by the votes set forth in the
table below:
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For
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Against
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Abstain
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Broker Non-Vote
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|||
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197,782,704
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6,982
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1,749,851
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compensation paid to Valvolines named executive officers, as
disclosed in Valvolines Proxy Statement to Item 402 of
Regulation S-K, including the Compensation Discussion and
Analysis, compensation tables and narrative discussion, was
approved by the shareholders by the votes set forth in the
table below:
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For
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Against
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Abstain
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Broker Non-Vote
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|||
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197,163,436
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363,280
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60,193
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1,952,628
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shareholders vote on executive compensation every year was
approved by shareholders by the votes set forth in the table
below:
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1 YEAR
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2 YEARS
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3 YEARS
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Abstain
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Broker Non-Vote
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||||
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195,693,885
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198,385
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1,603,516
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91,123
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1,952,628
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the 2016 Valvoline Inc. Incentive Plan for purposes of Section
162(m) of the Internal Revenue Code were approved by
shareholders by the votes set forth in the table below:
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For
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Against
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Abstain
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Broker Non-Vote
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|||
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197,066,636
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462,190
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58,083
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1,952,628
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About VALVOLINE INC. (NYSE:VVV)
Valvoline Inc. (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers. Its Quick Lubes segment services the passenger car and light truck quick lube market through platforms, including its franchised Valvoline Instant Oil Change (VIOC) stores and Express Care. Its International segment sells Valvoline and other branded products through its affiliates, joint ventures, licensees and independent distributors. Its products include All Climate, DuraBlend and MaxLife. VALVOLINE INC. (NYSE:VVV) Recent Trading Information
VALVOLINE INC. (NYSE:VVV) closed its last trading session up +1.44 at 23.93 with 650,729 shares trading hands.
