VALVOLINE INC — Director's Dealing 2018

Nov 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2018-11-16

Reporting Person: Scheve David J. (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-16	Common Stock	M	369	—	Acquired	2792	Direct
2018-11-16	Common Stock	F	119	$20.41	Disposed	2673	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-16	Units	$	M	369	Disposed		Common Stock (369.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	299	Indirect

Footnotes

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

F2: Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock as of the close of business on Novemeber 16, 2018.

F3: The restricted stock units vest one-third on each anniversary following the grant date.