VALVOLINE INC — Director's Dealing 2016

Oct 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2016-10-01

Reporting Person: Manager Vada O (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-01	Common Stock	A	4937	—	Acquired	5187	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-01	Restricted Stock Units	$	A	1561	Acquired		Common Stock (1561)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2: The Restricted Stock Units vest one year after date of grant.

F3: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.