Stephen E. Macadam - Jan 25, 2023 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Jan 25, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 04:50 PM
Previous filing
Dec 21, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise $0 +3.85K +35.12% $0.00 14.8K Jan 25, 2023 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 2022 Restricted Stock Units Options Exercise $0 -3.85K -100% $0.00* 0 Jan 25, 2023 Common Stock 3.85K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephen E. Macadam is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive one share of Valvoline common stock.
F2 The restricted stock units vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement of the award until separation from service.