Robert Travis Dobbins - Feb 6, 2023 Form 3 Insider Report for VALVOLINE INC (VVV)

Role
SVP & Chief Technology Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Feb 6, 2023
Transactions value $
$0
Form type
3
Date filed
2/9/2023, 04:46 PM
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VVV Common Stock 12.1K Feb 6, 2023 Direct
holding VVV Common Stock 1.95K Feb 6, 2023 By 401(k) Plan F1

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
holding VVV FY 2023 Restricted Stock Units Feb 6, 2023 Common Stock 2.37K Direct F2, F3
holding VVV FY 2022 Restricted Stock Units Feb 6, 2023 Common Stock 1.48K Direct F3, F4
holding VVV FY 2021 Restricted Stock Units Feb 6, 2023 Common Stock 890 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on February 6, 2023.
F2 The restricted stock units granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.
F3 Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F4 The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.
F5 The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.