Mary E. Meixelsperger - 29 Nov 2023 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Financial Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
29 Nov 2023
Net transactions value
-$34,562
Form type
4
Filing time
30 Nov 2023, 16:22:14 UTC
Previous filing
21 Nov 2023
Next filing
01 Jul 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 +2,178 +1.5% 142,712 29 Nov 2023 Direct F1
transaction VVV Common Stock Tax liability $34,562 -1,005 -0.7% $34.39 141,707 29 Nov 2023 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 2023 Restricted Stock Units Options Exercise $0 -2,178 -33% $0.000000 4,359 29 Nov 2023 Common Stock 2,178 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.