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VALVOLINE INC — Director's Dealing 2023
Feb 9, 2023
31007_dirs_2023-02-09_2a024859-7e46-4028-a8d9-0a7853e5d5a6.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: 2023-02-06
Reporting Person: Dobbins Robert Travis (SVP & Chief Technology Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12083 | Direct |
| Common Stock | 1945 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| FY 2023 Restricted Stock Units | $ | Common Stock (2368.0) | Direct | ||
| FY 2022 Restricted Stock Units | $ | Common Stock (1475.0) | Direct | ||
| FY 2021 Restricted Stock Units | $ | Common Stock (890.0) | Direct |
Footnotes
F1: 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 on February 6, 2023.
F2: The restricted stock units granted on November 29, 2022 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 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.
F5: The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.