VALVOLINE INC — Director's Dealing 2020

Sep 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2020-09-14

Reporting Person: Gerrald Thomas A. II (Senior VP, Core North America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-14	Common Stock	M	13166	—	Acquired	14694	Direct
2020-09-14	Common Stock	F	4161	$20.92	Disposed	10533	Direct
2020-09-15	Common Stock	M	73	—	Acquired	10606	Direct
2020-09-15	Common Stock	F	24	$20.80	Disposed	10582	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-14	Units	$	M	13166	Disposed		Common Stock (0.0)	Direct
2020-09-15	Units	$	M	73	Disposed		Common Stock (0.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3282	Indirect

Footnotes

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

F2: 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.

F3: The restricted stock units granted on September 14, 2017 vest in full upon the third anniversary of the grant date.