VALVOLINE INC — Director's Dealing 2017

Nov 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2017-11-16

Reporting Person: Matheys Heidi J. (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-16	Common Stock	M	631	—	Acquired	14224	Direct
2017-11-16	Common Stock	F	228	$24.87	Disposed	13996	Direct
2017-11-17	Common Stock	M	638	—	Acquired	14634	Direct
2017-11-17	Common Stock	F	231	$24.47	Disposed	14403	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-16	Restricted Stock Unit	$	M	631	Disposed		Common Stock (631)	Direct
2017-11-17	Restricted Stock Unit	$	M	638	Disposed		Common Stock (638)	Direct

Footnotes

F1: Restricted stock units convert into Valvoline common stock on a one-for-one basis.

F2: These restricted stock units vest one-third on each anniversary following the grant date.