Dione Sturgeon - Mar 1, 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Mar 1, 2024
Transactions value $
$7,814
Form type
4
Date filed
3/4/2024, 04:24 PM
Previous filing
Nov 30, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise $12.3K +286 +9.2% $43.17 3.39K Mar 1, 2024 Direct
transaction VVV Common Stock Tax liability -$4.53K -105 -3.09% $43.17 3.29K Mar 1, 2024 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 Restricted Stock Units Options Exercise $0 -286 -16.92% $0.00 1.4K Mar 1, 2024 Common Stock 286 Direct F1, F2

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.