Sonsteby Charles M - 30 Sep 2021 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
30 Sep 2021
Transactions value $
$14,998
Form type
4
Filing time
04 Oct 2021, 17:01:46 UTC
Previous filing
24 Sep 2021
Next filing
04 Oct 2021
SEC
View on sec.gov

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 Units Award $15K +481 +1.43% $31.18 34K 30 Sep 2021 Common Stock 481 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit represents a right to receive one share of Valvoline common stock.
F2 Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan")) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.