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: Matheys Heidi J. (SVP, Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-16	Common Stock	M	1215	—	Acquired	16099	Direct
2018-11-16	Common Stock	F	391	$20.41	Disposed	15708	Direct
2018-11-16	Common Stock	M	669	—	Acquired	16377	Direct
2018-11-16	Common Stock	F	215	$20.41	Disposed	16162	Direct
2018-11-16	Common Stock	M	1256	—	Acquired	17418	Direct
2018-11-16	Common Stock	F	404	$20.41	Disposed	17014	Direct
2018-11-16	Common Stock	M	645	—	Acquired	17659	Direct
2018-11-16	Common Stock	F	208	$20.41	Disposed	17451	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-16	Units	$	M	1215	Disposed		Common Stock (1215.0)	Direct
2018-11-16	Units	$	M	669	Disposed		Common Stock (669.0)	Direct
2018-11-16	Units	$	M	1256	Disposed		Common Stock (1256.0)	Direct
2018-11-16	Units	$	M	645	Disposed		Common Stock (645.0)	Direct

Footnotes

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

F2: Earned performance stock units vest on the third anniversary of the grant date.

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