Stephen E. Macadam - 25 Jan 2023 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
25 Jan 2023
Net transactions value
$0
Form type
4
Filing time
26 Jan 2023, 16:50:55 UTC
Previous filing
21 Dec 2022
Next filing
03 Apr 2023
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 $0 +3,847 +35% $0.000000 14,802 25 Jan 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 2022 Restricted Stock Units Options Exercise $0 -3,847 -100% $0.000000* 0 25 Jan 2023 Common Stock 3,847 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephen E. Macadam is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive one share of Valvoline common stock.
F2 The restricted stock units vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement of the award until separation from service.