Mary E. Meixelsperger - Nov 11, 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Financial Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 11, 2022
Transactions value $
-$85,013
Form type
4
Date filed
11/15/2022, 07:03 AM
Previous filing
Jun 24, 2022
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 +3.26K +3.94% 86K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$33.1K -1.03K -1.2% $32.13 85K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +2.02K +2.37% 87K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$20.5K -638 -0.73% $32.13 86.4K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +3.09K +3.57% 89.5K Nov 14, 2022 Direct F1
transaction VVV Common Stock Tax liability -$31.4K -976 -1.09% $32.16 88.5K 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 -3.26K -49.98% $0.00 3.26K Nov 11, 2022 Common Stock 3.26K Direct F1, F2
transaction VVV FY 2022 Restricted Stock Units Options Exercise $0 -2.02K -33.31% $0.00 4.04K Nov 11, 2022 Common Stock 2.02K Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -3.09K -100% $0.00* 0 Nov 14, 2022 Common Stock 3.09K 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.