VALVOLINE INC — Director's Dealing 2019

Nov 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2019-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-19	Common Stock	M	960	—	Acquired	3043	Direct
2019-11-19	Common Stock	F	304	$23.19	Disposed	2739	Direct
2019-11-20	Common Stock	S	656	$23.19	Disposed	2083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-19	Units	$	M	960	Disposed		Common Stock (0.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3485	Indirect

Footnotes

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

F2: Shares were sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on August 30, 2019.

F3: 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 the earliest Transaction Date.

F4: The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.