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VALVOLINE INC Director's Dealing 2020

Apr 23, 2020

31007_dirs_2020-04-22_6b288cb9-cceb-427f-a077-f45e53b57fcc.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2020-04-22

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

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
FY 2017 Stock Appreciation Right $20.29 2026-12-16 Common Stock (8877.0) Direct
Units $ Common Stock (1718.0) Direct
Units $ Common Stock (1811.0) Direct
Units $ Common Stock (1517.0) Direct

Footnotes

F1: The stock appreciation rights granted on November 16, 2016 are fully exercisable.

F2: The restricted stock units granted on November 14, 2019 vest in three equal annual installments beginning on the first anniversary of the grant date.

F3: Restricted stock units convert into Valvoline common stock on a one-for-one basis.

F4: The restricted stock units granted on November 19, 2018 vest in three equal annual installments beginning on the first anniversary of the grant date.

F5: The restricted stock units granted on November 13, 2017 vest in three equal annual installments beginning on the first anniversary of the grant date.