Heidi J. Matheys - Nov 19, 2021 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
SVP, Chief Marketing Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 19, 2021
Transactions value $
-$10,355
Form type
4
Date filed
11/22/2021, 04:19 PM
Previous filing
Nov 15, 2021
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +892 +2.88% 31.9K Nov 19, 2021 Direct F1
transaction VVV Common Stock Tax liability -$10.4K -287 -0.9% $36.08 31.6K 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 -892 -100% $0.00* 0 Nov 19, 2021 Common Stock 892 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.