Robert Travis Dobbins - 01 Mar 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Technology Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
01 Mar 2024
Transactions value $
$19,642
Form type
4
Filing time
04 Mar 2024, 16:41:58
Previous filing
30 Nov 2023
Next filing
13 Nov 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 $30.7K +710 +5.45% $43.17 13.7K 01 Mar 2024 Direct
transaction VVV Common Stock Tax liability -$11K -255 -1.86% $43.17 13.5K 01 Mar 2024 Direct
holding VVV Common Stock 1.94K 01 Mar 2024 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
transaction VVV Restricted Stock Units Options Exercise $0 -710 -33.33% $0.00 1.42K 01 Mar 2024 Common Stock 710 Direct F2, F3
* 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 the Transaction Date.
F2 Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F3 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.