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

Role: Chief Operating Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol: VVV
Transactions as of: 29 Nov 2023
Net transactions value: -$8,047
Form type: 4
Filing time: 30 Nov 2023, 16:22:39 UTC
Previous filing: 20 Nov 2023
Next filing: 03 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VVV	Common Stock	Options Exercise		+791	+23%		4,294	29 Nov 2023	Direct	F1
transaction	VVV	Common Stock	Tax liability	$8,047	-234	-5.4%	$34.39	4,060	29 Nov 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%	$0.000000	1,586	29 Nov 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.