Jamal K. Muashsher - Nov 11, 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
Nov 11, 2022
Transactions value $
-$28,991
Form type
4
Date filed
11/15/2022, 07:04 AM
Previous filing
May 2, 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 +1.06K +14.24% 8.46K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$10.7K -334 -3.95% $32.13 8.13K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +795 +9.78% 8.92K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$8.1K -252 -2.82% $32.13 8.67K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +1K +11.53% 9.67K Nov 14, 2022 Direct F1
transaction VVV Common Stock Tax liability -$10.2K -316 -3.27% $32.16 9.36K 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 -1.06K -49.98% $0.00 1.06K Nov 11, 2022 Common Stock 1.06K Direct F1, F2
transaction VVV FY 2022 Restricted Stock Units Options Exercise $0 -795 -33.32% $0.00 1.59K Nov 11, 2022 Common Stock 795 Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -1K -100% $0.00* 0 Nov 14, 2022 Common Stock 1K 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.