VALVOLINE INC — Director's Dealing 2020

May 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2020-05-01

Reporting Person: Caldwell Jonathan L. (Chief People Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-01	Units	$	A	5120	Acquired		Common Stock (5120.0)	Direct

Footnotes

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

F2: The units vest in three equal annual installments beginning on the first anniversary of the grant date.