Robert Travis Dobbins - Nov 21, 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role: Chief Technology Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol: VVV
Transactions as of: Nov 21, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/25/2024, 04:12 PM
Previous filing: Nov 18, 2024
Next filing: Dec 2, 2024

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 2025 Restricted Stock Units	Award	$0	+1.36K		$0.00	1.36K	Nov 21, 2024	Common Stock	1.36K		Direct	F1, F2
transaction	VVV	FY 2025 Stock Appreciation Rights	Award	$0	+3.43K		$0.00	3.43K	Nov 21, 2024	Common Stock	3.43K	$38.56	Direct	F3

Showing 1 to 2 of 2 entries

* 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.
F3	Fifty percent (50%) of the stock appreciation rights vest on the first anniversary of the grant date and 25% vest on each of the second and third anniversaries of the grant date.