VALVOLINE INC — Director's Dealing 2019

Feb 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2019-01-31

Reporting Person: Macadam Stephen E. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-31	Units	$	A	4976	Acquired		Common Stock (4976.0)	Direct

Footnotes

F1: Each unit represents a right to receive one share of Valvoline common stock.

F2: Represents annual award of units pursuant to Valvoline's 2016 Deferred Compensation Plan for Non-Employee Directors.

F3: The units vest one year after the date of grant. Any vested units will be paid in cash or in shares of common stock at the time specified in the reporting person's distribution election form, or if no election is made, upon separation from service.