VALVOLINE INC — Director's Dealing 2020

May 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2020-05-13

Reporting Person: MITCHELL SAMUEL J (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-13	Units	$	I	32051	Acquired		Common Stock (32051.0)	Direct

Footnotes

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

F2: Intraplan transfer by the Reporting Person into the Valvoline Common Stock Fund within Valvoline's 2016 Deferred Compensation Plan for Employees (the "Plan").

F3: Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.