VALVOLINE INC — Director's Dealing 2018

Jul 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2018-07-09

Reporting Person: Puckett Anthony R. (President, Quick Lubes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-09	Common Stock	M	3362	$9.64	Acquired	5445	Direct
2018-07-09	Common Stock	M	7263	$10.33	Acquired	12708	Direct
2018-07-09	Common Stock	M	8339	$13.08	Acquired	21047	Direct
2018-07-09	Common Stock	F	12832	$21.65	Disposed	8215	Direct
2018-07-10	Common Stock	S	6132	$21.72	Disposed	2083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-09	FY 2011 Stock Appreciation Right	$9.64	M	3362	Disposed	2020-12-17	Common Stock (3362)	Direct
2018-07-09	FY 2012 Stock Appreciation Right	$10.33	M	7263	Disposed	2022-01-02	Common Stock (7263)	Direct
2018-07-09	FY 2013 Stock Appreciation Right	$13.08	M	8339	Disposed	2022-12-14	Common Stock (8339)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7544	Indirect

Footnotes

F1: Stock appreciation rights were exercised and the net issued shares were sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 21, 2018.

F2: As of the close of business on July 10, 2018, the Reporting Person had acquired approximately 7,544 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 July 10, 2018).