Richard J. Freeland - Jan 25, 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Director
Signature
Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Jan 25, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 05:08 PM
Previous filing
May 24, 2021
Next filing
May 23, 2022

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 +3.79K $0.00 3.79K Jan 25, 2022 Common Stock 3.79K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive one share of Valvoline common stock.
F2 Represents annual award of restricted stock units pursuant to the 2016 Valvoline Inc. Incentive Plan.
F3 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.