VALVOLINE INC — Director's Dealing 2023

Jan 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2023-01-25

Reporting Person: Manager Vada O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-25	Common Stock	M	3847	—	Acquired	9034	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-25	FY 2022 Restricted Stock Units	$	M	3847	Disposed		Common Stock (3847.0)	Direct
2023-01-26	FY 2023 Restricted Stock Units	$	A	3947	Acquired		Common Stock (3947.0)	Direct

Footnotes

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

F2: The restricted stock units vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement of the award until separation from service.

F3: Represents annual award of restricted stock units pursuant to the 2016 Valvoline Inc. Incentive Plan.