Robert Travis Dobbins - 06 Feb 2023 Form 3 Insider Report for VALVOLINE INC (VVV)

Role: SVP & Chief Technology Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol: VVV
Transactions as of: 06 Feb 2023
Transactions value $: $0
Form type: 3
Filing time: 09 Feb 2023, 16:46:48
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VVV	Common Stock						12.1K	06 Feb 2023	Direct
holding	VVV	Common Stock						1.95K	06 Feb 2023	By 401(k) Plan	F1

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
holding	VVV	FY 2023 Restricted Stock Units							06 Feb 2023	Common Stock	2.37K		Direct	F2, F3
holding	VVV	FY 2022 Restricted Stock Units							06 Feb 2023	Common Stock	1.48K		Direct	F3, F4
holding	VVV	FY 2021 Restricted Stock Units							06 Feb 2023	Common Stock	890		Direct	F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on February 6, 2023.
F2	The restricted stock units granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.
F3	Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F4	The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.
F5	The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.