Lori Ann Flees - 02 May 2022 Form 4 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
02 May 2022
Transactions value $
$0
Form type
4
Filing time
03 May 2022, 20:05:42 UTC
Previous filing
19 Apr 2022
Next filing
01 Dec 2022

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 $0 +16.2K $0.00 16.2K 02 May 2022 Common Stock 16.2K 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.