Lori Ann Flees - 15 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
President & CEO, Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
15 Nov 2024
Net transactions value
-$130,726
Form type
4
Filing time
18 Nov 2024, 16:09:56 UTC
Previous filing
15 Nov 2024
Next filing
25 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 +6,700 +21% 39,017 15 Nov 2024 Direct F1
transaction VVV Common Stock Tax liability $130,726 -3,089 -7.9% $42.32 35,928 15 Nov 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 2024 Restricted Stock Units Options Exercise $0 -6,700 -33% $0.000000 13,400 15 Nov 2024 Common Stock 6,700 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.