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

Role
Chief Financial Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
19 Nov 2021
Net transactions value
-$56,068
Form type
4
Filing time
22 Nov 2021, 16:07:28 UTC
Previous filing
15 Nov 2021
Next filing
24 Jun 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 +3,333 +4.1% 84,316 19 Nov 2021 Direct F1
transaction VVV Common Stock Tax liability $56,068 -1,554 -1.8% $36.08 82,762 19 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 2019 Restricted Stock Units Options Exercise $0 -3,333 -100% $0.000000* 0 19 Nov 2021 Common Stock 3,333 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.