MUASHSHER JAMAL K (SVP, International) exercised options at VALVOLINE INC

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

M · 3 exercises

MUASHSHER JAMAL K

Filed: 11/15/2022ACC: 0001674910-22-000106

InsiderMUASHSHER JAMAL KCIK 1771507

→

IssuerVALVOLINE INCCIK 1674910

Officer· SVP, International

Since Mar 2019

-902.00

Net shares

Net seller

$29.0K

Total sold

Open market trades

0B · 0S

Total transactions

2.85K acquired · 3.75K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.05K

Price / share

—

Trade value

—

% of position

14.2%

11/11/2022

7.41K→8.46K

Common Stock

Direct

F · Tax Withholding

−334.00

Price / share

$32.13

Trade value

$10.73K

% of position

3.9%

11/11/2022

8.46K→8.13K

Common Stock

Direct

M · Option Exercise

+795.00

Price / share

—

Trade value

—

% of position

9.8%

11/11/2022

8.13K→8.92K

Common Stock

Direct

F · Tax Withholding

−252.00

Price / share

$32.13

Trade value

$8.10K

% of position

2.8%

11/11/2022

8.92K→8.67K

Common Stock

Direct

M · Option Exercise

+1K

Price / share

—

Trade value

—

% of position

11.5%

11/14/2022

8.67K→9.67K

Common Stock

Direct

F · Tax Withholding

−316.00

Price / share

$32.16

Trade value

$10.16K

% of position

3.3%

11/14/2022

9.67K→9.36K

Total

Net shares

+1.95K

Net value

-$28.99K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/11/2022	M · Option Exercise	+1.05K	—	—	14.2%	7.41K	8.46K
Common Stock Direct	11/11/2022	F · Tax Withholding	−334.00	$32.13	$10.73K	3.9%	8.46K	8.13K
Common Stock Direct	11/11/2022	M · Option Exercise	+795.00	—	—	9.8%	8.13K	8.92K
Common Stock Direct	11/11/2022	F · Tax Withholding	−252.00	$32.13	$8.10K	2.8%	8.92K	8.67K
Common Stock Direct	11/14/2022	M · Option Exercise	+1K	—	—	11.5%	8.67K	9.67K
Common Stock Direct	11/14/2022	F · Tax Withholding	−316.00	$32.16	$10.16K	3.3%	9.67K	9.36K
Total			+1.95K		-$28.99K

Derivative Transactions3

FY 2021 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.05K shares

−1.05K

Strike price

Held after

1.06K

Exercisable

—

11/11/2022

FY 2022 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

795.00 shares

−795.00

Strike price

Held after

1.59K

Exercisable

—

11/11/2022

FY 2020 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1K shares

−1K

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 Stock1.05K shares	11/11/2022	M · Option Exercise	−1.05K	—	1.06K
FY 2022 Restricted Stock Units Direct	Common Stock795.00 shares	11/11/2022	M · Option Exercise	−795.00	—	1.59K
FY 2020 Restricted Stock Units Direct	Common Stock1K shares	11/14/2022	M · Option Exercise	−1K	—	0.00