Dione Sturgeon - 01 Mar 2023 Form 3 Insider Report for VALVOLINE INC (VVV)

Role: Chief Accounting Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol: VVV
Transactions as of: 01 Mar 2023
Net transactions value: $0
Form type: 3
Filing time: 02 Mar 2023, 15:11:15 UTC
Next filing: 14 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VVV	Common Stock						1,748	01 Mar 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
holding	VVV	FY 2023 Restricted Stock Units							01 Mar 2023	Common Stock	1,184		Direct	F1, F2
holding	VVV	Restricted Stock Units							01 Mar 2023	Common Stock	830		Direct	F2, F3
holding	VVV	FY 2022 Restricted Stock Units							01 Mar 2023	Common Stock	986		Direct	F2, F4
holding	VVV	FY 2021 Restricted Stock Units							01 Mar 2023	Common Stock	848		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.
F2	Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F3	The restricted stock units granted on April 1, 2022 vest in three equal installments beginning on the first anniversary of the grant date.
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.