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

Role
Chief Financial Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
11 Nov 2022
Net transactions value
-$85,013
Form type
4
Filing time
15 Nov 2022, 07:03:19 UTC
Previous filing
24 Jun 2022
Next filing
21 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +3,261 +3.9% 86,023 11 Nov 2022 Direct F1
transaction VVV Common Stock Tax liability $33,126 -1,031 -1.2% $32.13 84,992 11 Nov 2022 Direct
transaction VVV Common Stock Options Exercise +2,016 +2.4% 87,008 11 Nov 2022 Direct F1
transaction VVV Common Stock Tax liability $20,499 -638 -0.73% $32.13 86,370 11 Nov 2022 Direct
transaction VVV Common Stock Options Exercise +3,087 +3.6% 89,457 14 Nov 2022 Direct F1
transaction VVV Common Stock Tax liability $31,388 -976 -1.1% $32.16 88,481 14 Nov 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 -3,261 -50% $0.000000 3,263 11 Nov 2022 Common Stock 3,261 Direct F1, F2
transaction VVV FY 2022 Restricted Stock Units Options Exercise $0 -2,016 -33% $0.000000 4,036 11 Nov 2022 Common Stock 2,016 Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -3,087 -100% $0.000000* 0 14 Nov 2022 Common Stock 3,087 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.