MATHEYS HEIDI J. (SVP, Chief Marketing Officer) exercised options at VALVOLINE INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

MATHEYS HEIDI J.

Filed: 11/15/2022ACC: 0001674910-22-000103

InsiderMATHEYS HEIDI J.CIK 1685782

→

IssuerVALVOLINE INCCIK 1674910

Officer· SVP, Chief Marketing Officer

Since Nov 2018

-810.00

Net shares

Net seller

$26.0K

Total sold

Open market trades

0B · 0S

Total transactions

2.52K acquired · 3.33K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+949.00

Price / share

—

Trade value

—

% of position

3.0%

11/11/2022

31.61K→32.55K

Common Stock

Direct

F · Tax Withholding

−305.00

Price / share

$32.13

Trade value

$9.80K

% of position

0.9%

11/11/2022

32.55K→32.25K

Common Stock

Direct

M · Option Exercise

+673.00

Price / share

—

Trade value

—

% of position

2.1%

11/11/2022

32.25K→32.92K

Common Stock

Direct

F · Tax Withholding

−217.00

Price / share

$32.13

Trade value

$6.97K

% of position

0.7%

11/11/2022

32.92K→32.71K

Common Stock

Direct

M · Option Exercise

+897.00

Price / share

—

Trade value

—

% of position

2.7%

11/14/2022

32.71K→33.60K

Common Stock

Direct

F · Tax Withholding

−288.00

Price / share

$32.16

Trade value

$9.26K

% of position

0.9%

11/14/2022

33.60K→33.31K

Total

Net shares

+1.71K

Net value

-$26.03K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/11/2022	M · Option Exercise	+949.00	—	—	3.0%	31.61K	32.55K
Common Stock Direct	11/11/2022	F · Tax Withholding	−305.00	$32.13	$9.80K	0.9%	32.55K	32.25K
Common Stock Direct	11/11/2022	M · Option Exercise	+673.00	—	—	2.1%	32.25K	32.92K
Common Stock Direct	11/11/2022	F · Tax Withholding	−217.00	$32.13	$6.97K	0.7%	32.92K	32.71K
Common Stock Direct	11/14/2022	M · Option Exercise	+897.00	—	—	2.7%	32.71K	33.60K
Common Stock Direct	11/14/2022	F · Tax Withholding	−288.00	$32.16	$9.26K	0.9%	33.60K	33.31K
Total			+1.71K		-$26.03K

Derivative Transactions3

FY 2021 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

949.00 shares

−949.00

Strike price

Held after

949.00

Exercisable

—

11/11/2022

FY 2022 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

673.00 shares

−673.00

Strike price

Held after

1.35K

Exercisable

—

11/11/2022

FY 2020 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

897.00 shares

−897.00

Strike price

Held after

0.00

Exercisable

—

11/14/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
FY 2021 Restricted Stock Units Direct	Common Stock949.00 shares	11/11/2022	M · Option Exercise	−949.00	—	949.00
FY 2022 Restricted Stock Units Direct	Common Stock673.00 shares	11/11/2022	M · Option Exercise	−673.00	—	1.35K
FY 2020 Restricted Stock Units Direct	Common Stock897.00 shares	11/14/2022	M · Option Exercise	−897.00	—	0.00