Linne Fulcher - Nov 29, 2023 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Operating Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 29, 2023
Transactions value $
-$8,047
Form type
4
Date filed
11/30/2023, 04:22 PM
Previous filing
Nov 20, 2023
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +791 +22.58% 4.29K Nov 29, 2023 Direct F1
transaction VVV Common Stock Tax liability -$8.05K -234 -5.45% $34.39 4.06K Nov 29, 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 2023 Restricted Stock Units Options Exercise $0 -791 -33.28% $0.00 1.59K Nov 29, 2023 Common Stock 791 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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