VALVOLINE INC — Director's Dealing 2020

Nov 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2020-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-19	Common Stock	M	982	—	Acquired	4665	Direct
2020-11-19	Common Stock	F	311	$22.14	Disposed	4354	Direct
2020-11-20	Common Stock	S	671	$22.05	Disposed	3683	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-19	FY 2019 Restricted Stock Units	$	M	982	Disposed		Common Stock (982.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4475	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, effective February 27, 2020.

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.