Linne Fulcher - Oct 2, 2023 Form 3 Insider Report for VALVOLINE INC (VVV)

Role: Chief Operating Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol: VVV
Transactions as of: Oct 2, 2023
Transactions value $: $0
Form type: 3
Date filed: 10/6/2023, 04:03 PM
Next filing: Nov 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VVV	Common Stock						3.5K	Oct 2, 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							Oct 2, 2023	Common Stock	2.38K		Direct	F1, F2
holding	VVV	FY 2022 Restricted Stock Units							Oct 2, 2023	Common Stock	5.06K		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.