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VALVOLINE INC Director's Dealing 2023

Nov 14, 2023

31007_dirs_2023-11-14_b7394822-2c24-48b1-97f5-0706d18139e6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2023-03-31

Reporting Person: Sturgeon Dione (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-31 Common Stock M 276 Acquired 2024 Direct
2023-03-31 Common Stock F 102 $34.94 Disposed 1922 Direct
2023-11-10 Common Stock M 849 Acquired 2771 Direct
2023-11-10 Common Stock F 269 $32.50 Disposed 2502 Direct
2023-11-10 Common Stock M 492 Acquired 2994 Direct
2023-11-10 Common Stock F 156 $32.50 Disposed 2838 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-31 Restricted Stock Units $ M 276 Disposed Common Stock (276) Direct
2023-11-10 FY 2021 Restricted Stock Units $ M 849 Disposed Common Stock (849) Direct
2023-11-10 FY 2022 Restricted Stock Units $ M 492 Disposed Common Stock (492) Direct

Footnotes

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

F2: The restricted stock units granted on April 1, 2022 vest in three equal installments beginning on the first anniversary of the grant date.

F3: The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.

F4: The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.