VALVOLINE INC — Director's Dealing 2018

Oct 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2018-10-10

Reporting Person: Scheve David J. (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-10	Common Stock	M	2067	—	Acquired	2365	Direct
2018-10-10	Common Stock	F	664	$19.58	Disposed	1701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-10	Units	$	M	2067	Acquired		Common Stock (2067.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	277	Indirect

Footnotes

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

F2: As of the close of business on October 10, 2018, the Reporting Person had acquired approximately 277 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 October 10, 2018).

F3: The restricted stock units granted to the Reporting Person on October 10, 2016 vest 25% on the second anniversary of the grant date and 75% on the third anniversary of the grant date.