Lori Ann Flees - 27 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
27 Nov 2024
Transactions value $
$52,480
Form type
4
Filing time
02 Dec 2024, 16:08:27 UTC
Previous filing
25 Nov 2024
Next filing
13 Dec 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 Purchase $99.1K +2.5K +6.96% $39.64 38.4K 27 Nov 2024 Direct
transaction VVV Common Stock Options Exercise +2.64K +6.87% 41.1K 29 Nov 2024 Direct F1
transaction VVV Common Stock Tax liability -$48.4K -1.22K -2.97% $39.71 39.9K 29 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 2023 Restricted Stock Units Options Exercise $0 -2.64K -49.98% $0.00 2.64K 29 Nov 2024 Common Stock 2.64K Direct F1, F2
transaction VVV Deferred Stock Units Award $1.75K +44 +0.78% $39.71 5.71K 29 Nov 2024 Common Stock 44 Direct F3, F4
* 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.
F3 Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.
F4 Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.