Lori Ann Flees - May 2, 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
SVP and Pres., Retail Services
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 08:05 PM
Previous filing
Apr 19, 2022
Next filing
Dec 1, 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 Units Award $0 +16.2K $0.00 16.2K May 2, 2022 Common Stock 16.2K 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.