VALVOLINE INC — Director's Dealing 2017

Nov 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2017-11-10

Reporting Person: MITCHELL SAMUEL J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-10	Common Stock	M	15864	—	Acquired	154880	Direct
2017-11-10	Common Stock	F	6671	$23.04	Disposed	148209	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-10	Restricted Stock Unit	$	M	15864	Disposed		Common Stock (15864)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5207	Indirect

Footnotes

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

F2: Includes 73,367 shares of unvested restricted stock.

F3: As of the close of business on November 13, 2017, the Reporting Person had acquired approximately 5,207 shares of Valvoline common stock under the Valvoline 401(k) Plan (based on the closing price of Valvoline common stock as of the close of business on November 13, 2017).

F4: The Reporting Person held restricted stock units which Valvoline considered vested as of the transaction date.