Jamal K. Muashsher - Apr 29, 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
SVP and Pres., Global Products
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Apr 29, 2022
Transactions value $
-$17,745
Form type
4
Date filed
5/2/2022, 07:58 PM
Previous filing
Nov 23, 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 +1.9K +31.18% 7.99K Apr 29, 2022 Direct F1
transaction VVV Common Stock Tax liability -$17.7K -587 -7.34% $30.23 7.41K Apr 29, 2022 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 Units Options Exercise $0 -1.9K -100% $0.00* 0 Apr 29, 2022 Common Stock 1.9K 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.