SEC Form 4 · accession 0001674910-18-000101

VALVOLINE INC · VVV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Nov 16, 2018

Accepted (ET)

Nov 20, 2018 · 5:33 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001674910

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Nov 16, 2018	M	5,643	—	A	151,078	D
Common Stock	Nov 16, 2018	F	2,658	$20.41	D	148,420	D
Common Stock^F1	Nov 16, 2018	M	3,113	—	A	151,533	D
Common Stock	Nov 16, 2018	F	1,467	$20.41	D	150,066	D
Common Stock^F1	Nov 16, 2018	M	5,829	—	A	155,895	D
Common Stock	Nov 16, 2018	F	2,746	$20.41	D	153,149	D
Common Stock^F1	Nov 16, 2018	M	5,419	—	A	158,568	D
Common Stock	Nov 16, 2018	F	2,553	$20.41	D	156,015	D
Common Stock	Nov 16, 2018	F	13,882	$20.41	D	142,133	D
Common Stock^F2	holding	—	—		—	5,245	I	By 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Units^F1,F3	—	Nov 16, 2018	M	5,643	D	—	—	Common Stock	5,643	0	D
Units^F1,F4	—	Nov 16, 2018	M	3,113	D	—	—	Common Stock	3,113	0	D
Units^F1,F3	—	Nov 16, 2018	M	5,829	D	—	—	Common Stock	5,829	0	D
Units^F1,F4	—	Nov 16, 2018	M	5,419	D	—	—	Common Stock	5,419	5,424	D

F1Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F2Represents 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 as of the close of business on Novemeber 16, 2018.
F3Earned performance stock units vest on the third anniversary of the grant date.
F4The restricted stock units vest one-third on each anniversary following the grant date.