Lockwood Frances E. 4

4 · VALVOLINE INC · Filed Nov 20, 2018

Form 4

Period: 2018-11-16

Chief Technology Officer

Transactions

Exercise/Conversion
Common Stock
2018-11-16+1,256→ 27,020 total
Exercise/Conversion
Common Stock
2018-11-16+645→ 27,268 total
Exercise/Conversion
Common Stock
2018-11-16+1,215→ 25,691 total
Tax Payment
Common Stock
2018-11-16$20.41/sh−384$7,837→ 25,307 total
Tax Payment
Common Stock
2018-11-16$20.41/sh−212$4,327→ 25,764 total
Tax Payment
Common Stock
2018-11-16$20.41/sh−397$8,103→ 26,623 total
Exercise/Conversion
Common Stock
2018-11-16+669→ 25,976 total
Tax Payment
Common Stock
2018-11-16$20.41/sh−204$4,164→ 27,064 total
Exercise/Conversion
Units
2018-11-16−1,215→ 0 total
→ Common Stock (1,215 underlying)
Exercise/Conversion
Units
2018-11-16−669→ 0 total
→ Common Stock (669 underlying)
Exercise/Conversion
Units
2018-11-16−1,256→ 0 total
→ Common Stock (1,256 underlying)
Exercise/Conversion
Units
2018-11-16−645→ 645 total
→ Common Stock (645 underlying)

Holdings

Footnotes (4)

[F1]Restricted stock units convert into Valvoline common stock on a one-for-one basis.
[F2]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 as of the close of business on Novemeber 16, 2018.
[F3]Earned performance stock units vest on the third anniversary of the grant date.
[F4]The restricted stock units vest one-third on each anniversary following the grant date.

Documents

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