Linne Fulcher - Aug 30, 2024 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
Aug 30, 2024
Transactions value $
$151,920
Form type
4
Date filed
9/3/2024, 04:05 PM
Previous filing
Nov 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise $214K +5.06K +124.63% $42.20 9.12K Aug 30, 2024 Direct
transaction VVV Common Stock Tax liability -$61.6K -1.46K -16.01% $42.20 7.66K Aug 30, 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 -5.06K -100% $0.00 0 Aug 30, 2024 Common Stock 5.06K 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.