Michael S. Ryan - Nov 11, 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Accounting Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 11, 2022
Transactions value $
-$33,041
Form type
4
Date filed
11/15/2022, 07:04 AM
Previous filing
Nov 15, 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 +1.27K +52.1% 3.69K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$13.1K -407 -11.02% $32.13 3.29K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +734 +22.34% 4.02K Nov 11, 2022 Direct F1
transaction VVV Common Stock Tax liability -$7.58K -236 -5.87% $32.13 3.78K Nov 11, 2022 Direct
transaction VVV Common Stock Options Exercise +1.2K +31.63% 4.98K Nov 14, 2022 Direct F1
transaction VVV Common Stock Tax liability -$12.4K -385 -7.73% $32.16 4.6K 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 -1.27K -49.98% $0.00 1.27K Nov 11, 2022 Common Stock 1.27K Direct F1, F2
transaction VVV FY 2022 Restricted Stock Units Options Exercise $0 -734 -33.32% $0.00 1.47K Nov 11, 2022 Common Stock 734 Direct F1, F2
transaction VVV FY 2020 Restricted Stock Units Options Exercise $0 -1.2K -100% $0.00* 0 Nov 14, 2022 Common Stock 1.2K 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.