Mary E. Meixelsperger - Nov 19, 2021 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Financial Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 19, 2021
Transactions value $
-$56,068
Form type
4
Date filed
11/22/2021, 04:07 PM
Previous filing
Nov 15, 2021
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +3.33K +4.12% 84.3K Nov 19, 2021 Direct F1
transaction VVV Common Stock Tax liability -$56.1K -1.55K -1.84% $36.08 82.8K Nov 19, 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 2019 Restricted Stock Units Options Exercise $0 -3.33K -100% $0.00* 0 Nov 19, 2021 Common Stock 3.33K 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 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.