Linne Fulcher - 30 Aug 2024 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: 30 Aug 2024
Net transactions value: +$151,920
Form type: 4
Filing time: 03 Sep 2024, 16:05:12 UTC
Previous filing: 30 Nov 2023
Next filing: 18 Nov 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	$213,532	+5,060	+125%	$42.20	9,120	30 Aug 2024	Direct
transaction	VVV	Common Stock	Tax liability	$61,612	-1,460	-16%	$42.20	7,660	30 Aug 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	FY 2022 Restricted Stock Units	Options Exercise	$0	-5,060	-100%	$0.000000	0	30 Aug 2024	Common Stock	5,060		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 two equal annual installments beginning on the first anniversary of the grant date.