Heidi J. Matheys - Nov 11, 2022 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 11, 2022
Transactions value $
-$26,034
Form type
4
Date filed
11/15/2022, 07:03 AM
Previous filing
Nov 22, 2021
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +949 +3% 32.6K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$9.8K -305 -0.94% $32.13 32.3K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +673 +2.09% 32.9K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$6.97K -217 -0.66% $32.13 32.7K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +897 +2.74% 33.6K Nov 14, 2022 Direct F1
transaction VVV Common Stock Tax liability -$9.26K -288 -0.86% $32.16 33.3K Nov 14, 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 FY 2021 Restricted Stock Units Options Exercise $0 -949 -50% $0.00 949 Nov 11, 2022 Common Stock 949 Direct F1, F2
transaction VVV FY 2022 Restricted Stock Units Options Exercise $0 -673 -33.32% $0.00 1.35K Nov 11, 2022 Common Stock 673 Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -897 -100% $0.00* 0 Nov 14, 2022 Common Stock 897 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.