Lori Ann Flees - 15 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
President & CEO, Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
15 Nov 2024
Transactions value $
-$130,726
Form type
4
Filing time
18 Nov 2024, 16:09:56 UTC
Previous filing
15 Nov 2024
Next filing
25 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 +6.7K +20.73% 39K 15 Nov 2024 Direct F1
transaction VVV Common Stock Tax liability -$131K -3.09K -7.92% $42.32 35.9K 15 Nov 2024 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 2024 Restricted Stock Units Options Exercise $0 -6.7K -33.33% $0.00 13.4K 15 Nov 2024 Common Stock 6.7K 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.