Michael S. Ryan - 11 Nov 2021 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Accounting Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
11 Nov 2021
Net transactions value
-$27,354
Form type
4
Filing time
15 Nov 2021, 17:06:40 UTC
Next filing
15 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +1,177 +150% 1,961 12 Nov 2021 Direct F1
transaction VVV Common Stock Tax liability $13,290 -378 -19% $35.16 1,583 12 Nov 2021 Direct
transaction VVV Common Stock Options Exercise +1,245 +79% 2,828 12 Nov 2021 Direct F1
transaction VVV Common Stock Tax liability $14,064 -400 -14% $35.16 2,428 12 Nov 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VVV FY 2022 Restricted Stock Units Award $0 +2,170 $0.000000 2,170 11 Nov 2021 Common Stock 2,170 Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -1,177 -50% $0.000000 1,177 12 Nov 2021 Common Stock 1,177 Direct F1, F2
transaction VVV FY 2021 Restricted Stock Units Options Exercise $0 -1,245 -33% $0.000000 2,492 12 Nov 2021 Common Stock 1,245 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units and performance stock units convert into Valvoline common stock on a one-for-one basis.
F2 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.