RYAN MICHAEL S. (Chief Accounting Officer) exercised options at VALVOLINE INC

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

M · 3 exercises

RYAN MICHAEL S.

Filed: 11/15/2022ACC: 0001674910-22-000108

InsiderRYAN MICHAEL S.CIK 1542371

→

IssuerVALVOLINE INCCIK 1674910

Officer· Chief Accounting Officer

Since Sep 2019

-1.03K

Net shares

Net seller

$33.0K

Total sold

Open market trades

0B · 0S

Total transactions

3.20K acquired · 4.22K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.26K

Price / share

—

Trade value

—

% of position

52.1%

11/11/2022

2.43K→3.69K

Common Stock

Direct

F · Tax Withholding

−407.00

Price / share

$32.13

Trade value

$13.08K

% of position

11.0%

11/11/2022

3.69K→3.29K

Common Stock

Direct

M · Option Exercise

+734.00

Price / share

—

Trade value

—

% of position

22.3%

11/11/2022

3.29K→4.02K

Common Stock

Direct

F · Tax Withholding

−236.00

Price / share

$32.13

Trade value

$7.58K

% of position

5.9%

11/11/2022

4.02K→3.78K

Common Stock

Direct

M · Option Exercise

+1.20K

Price / share

—

Trade value

—

% of position

31.6%

11/14/2022

3.78K→4.98K

Common Stock

Direct

F · Tax Withholding

−385.00

Price / share

$32.16

Trade value

$12.38K

% of position

7.7%

11/14/2022

4.98K→4.60K

Total

Net shares

+2.17K

Net value

-$33.04K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/11/2022	M · Option Exercise	+1.26K	—	—	52.1%	2.43K	3.69K
Common Stock Direct	11/11/2022	F · Tax Withholding	−407.00	$32.13	$13.08K	11.0%	3.69K	3.29K
Common Stock Direct	11/11/2022	M · Option Exercise	+734.00	—	—	22.3%	3.29K	4.02K
Common Stock Direct	11/11/2022	F · Tax Withholding	−236.00	$32.13	$7.58K	5.9%	4.02K	3.78K
Common Stock Direct	11/14/2022	M · Option Exercise	+1.20K	—	—	31.6%	3.78K	4.98K
Common Stock Direct	11/14/2022	F · Tax Withholding	−385.00	$32.16	$12.38K	7.7%	4.98K	4.60K
Total			+2.17K		-$33.04K

Derivative Transactions3

FY 2021 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.26K shares

−1.26K

Strike price

Held after

1.27K

Exercisable

—

11/11/2022

FY 2022 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

734.00 shares

−734.00

Strike price

Held after

1.47K

Exercisable

—

11/11/2022

FY 2020 Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.20K shares

−1.20K

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 Stock1.26K shares	11/11/2022	M · Option Exercise	−1.26K	—	1.27K
FY 2022 Restricted Stock Units Direct	Common Stock734.00 shares	11/11/2022	M · Option Exercise	−734.00	—	1.47K
FY 2020 Restricted Stock Units Direct	Common Stock1.20K shares	11/14/2022	M · Option Exercise	−1.20K	—	0.00