Linne Fulcher - 02 Oct 2023 Form 3 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
02 Oct 2023
Net transactions value
$0
Form type
3
Filing time
06 Oct 2023, 16:03:32 UTC
Next filing
20 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VVV Common Stock 3,503 02 Oct 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 02 Oct 2023 Common Stock 2,376 Direct F1, F2
holding VVV FY 2022 Restricted Stock Units 02 Oct 2023 Common Stock 5,059 Direct F2, F3
* 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 September 1, 2022 vest in two equal annual installments beginning on the first anniversary of the grant date.