VVV

SEC source: 0000950157-17-000877 · form4.xml · derivative · entry 7

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,070

Underlying: Common Stock · 8,070 shares

Expires 2023-12-13

F15 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F15 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F16 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 13, 2014, twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2015 and twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2016.

SEC source: 0000950157-17-000877 · form4.xml · derivative · entry 6

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,339

Underlying: Common Stock · 8,339 shares

Expires 2022-12-14

F13 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $70.37 was converted to $13.08.

F13 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $70.37 was converted to $13.08.

F14 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 14, 2013, twenty-five percent (25%) of the stock appreciation rights vested on November 14, 2014 and twenty-five percent (25%) of the stock appreciation rights vested on November 14, 2015.

SEC source: 0000950157-17-000877 · form4.xml · derivative · entry 5

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,263

Underlying: Common Stock · 7,263 shares

Expires 2022-01-02

F11 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $55.56 was converted to $10.33.

F11 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $55.56 was converted to $10.33.

F12 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on December 2, 2012, twenty-five percent (25%) of the stock appreciation rights vested on December 2, 2013 and twenty-five percent (25%) of the stock appreciation rights vested on December 2, 2014.

SEC source: 0000950157-17-000877 · form4.xml · derivative · entry 4

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,362

Underlying: Common Stock · 3,362 shares

Expires 2020-12-17

F9 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $51.86 was converted to $9.64.

F9 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $51.86 was converted to $9.64.

F10 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 17, 2011, twenty-five percent (25%) of the stock appreciation rights vested on November 17, 2012 and twenty-five percent (25%) of the stock appreciation rights vested on November 17, 2013.

SEC source: 0000950157-17-000877 · form4.xml · derivative · entry 3

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,443

Underlying: Common Stock · 4,443 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one (1) share of Valvoline common stock.

F5 · shares: Represents the sum of 3,188 restricted stock units granted pursuant to the adjustment described in footnote (6) below and 1,255 restricted stock units granted pursuant to the plan described in footnote (7) below.

F6 · shares: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F7 · shares: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 233 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F5 · price: Represents the sum of 3,188 restricted stock units granted pursuant to the adjustment described in footnote (6) below and 1,255 restricted stock units granted pursuant to the plan described in footnote (7) below.

F6 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F7 · price: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 233 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F8 · derivative.exercise_date: The restricted stock units described in footnote (6) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (7) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

F8 · derivative.expiration_date: The restricted stock units described in footnote (6) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (7) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

SEC source: 0000950157-17-000877 · form4.xml · nonDerivative · entry 1

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,140

F1 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such share of restricted stock.

F2 · balance_after: Includes 640 shares of unvested restricted stock.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 7

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,298

Underlying: Common Stock · 11,298 shares

Expires 2026-12-16

F16 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F16 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F17 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vest on November 16, 2017, twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2018 and twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2019.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 6

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,684

Underlying: Common Stock · 9,684 shares

Expires 2025-12-18

F14 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $111.89 was converted to $20.80.

F14 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $111.89 was converted to $20.80.

F15 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 18, 2016, twenty-five percent (25%) of the stock appreciation rights vest on November 18, 2017 and twenty-five percent (25%) of the stock appreciation rights vest on November 18, 2018.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 5

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,801

Underlying: Common Stock · 7,801 shares

Expires 2024-12-12

F12 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $112.91 was converted to $20.99.

F12 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $112.91 was converted to $20.99.

F13 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 12, 2015, twenty-five percent (25%) of the stock appreciation rights vested on November 12, 2016 and twenty-five percent (25%) of the stock appreciation rights vest on November 12, 2017.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 4

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,070

Underlying: Common Stock · 8,070 shares

Expires 2023-12-13

F10 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F10 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F11 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 13, 2014, twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2015 and twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2016.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 3

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,152

Underlying: Common Stock · 2,152 shares

Expires 2022-12-14

F8 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $70.37 was converted to $13.08.

F8 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $70.37 was converted to $13.08.

F9 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 14, 2013, twenty-five percent (25%) of the stock appreciation rights vested on November 14, 2014 and twenty-five percent (25%) of the stock appreciation rights vested on November 14, 2015.

SEC source: 0000950157-17-000873 · form4.xml · derivative · entry 2

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,443

Underlying: Common Stock · 4,443 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one (1) share of Valvoline common stock.

F4 · shares: Represents the sum of 3,188 restricted stock units granted pursuant to the adjustment described in footnote (5) below and 1,255 restricted stock units granted pursuant to the plan described in footnote (6) below.

F5 · shares: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F6 · shares: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 233 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F4 · price: Represents the sum of 3,188 restricted stock units granted pursuant to the adjustment described in footnote (5) below and 1,255 restricted stock units granted pursuant to the plan described in footnote (6) below.

F5 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F6 · price: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 233 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F7 · derivative.exercise_date: The restricted stock units described in footnote (5) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (6) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

F7 · derivative.expiration_date: The restricted stock units described in footnote (5) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (6) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

SEC source: 0000950157-17-000873 · form4.xml · nonDerivative · entry 1

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,040

F1 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such share of restricted stock.

F2 · balance_after: Includes 640 shares of unvested restricted stock.

SEC source: 0000950157-17-000876 · form4.xml · derivative · entry 7

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,983

Underlying: Common Stock · 20,983 shares

Expires 2026-12-16

F15 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F15 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F16 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vest on November 16, 2017, twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2018 and twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2019.

SEC source: 0000950157-17-000876 · form4.xml · derivative · entry 6

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,111

Underlying: Common Stock · 5,111 shares

Expires 2025-12-18

F13 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $111.89 was converted to $20.80.

F13 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $111.89 was converted to $20.80.

F14 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 18, 2016, twenty-five percent (25%) of the stock appreciation rights vest on November 18, 2017 and twenty-five percent (25%) of the stock appreciation rights vest on November 18, 2018.

SEC source: 0000950157-17-000876 · form4.xml · derivative · entry 5

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,035

Underlying: Common Stock · 4,035 shares

Expires 2024-12-12

F11 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $112.91 was converted to $20.99.

F11 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $112.91 was converted to $20.99.

F12 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 12, 2015, twenty-five percent (25%) of the stock appreciation rights vested on November 12, 2016 and twenty-five percent (25%) of the stock appreciation rights vest on November 12, 2017.

SEC source: 0000950157-17-000876 · form4.xml · derivative · entry 4

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,304

Underlying: Common Stock · 4,304 shares

Expires 2023-12-13

F9 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F9 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $16.67.

F10 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vested on November 13, 2014, twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2015 and twenty-five percent (25%) of the stock appreciation rights vested on November 13, 2016.

SEC source: 0000950157-17-000876 · form4.xml · derivative · entry 3

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,702

Underlying: Common Stock · 4,702 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one (1) share of Valvoline common stock.

F5 · shares: Represents the sum of 3,986 restricted stock units granted pursuant to the adjustment described in footnote (6) below and 716 restricted stock units granted pursuant to the plan described in footnote (7) below.

F6 · shares: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F7 · shares: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 133 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F5 · price: Represents the sum of 3,986 restricted stock units granted pursuant to the adjustment described in footnote (6) below and 716 restricted stock units granted pursuant to the plan described in footnote (7) below.

F6 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of restricted stock units of Valvoline equal to the Equity Award Exchange Ratio for each such restricted stock unit.

F7 · price: Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), upon the Distribution, one-third of the Reporting Person's performance units under the LTIP Plan became convertible into 133 time-based, stock-settled restricted stock units immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the LTIP Plan, each such time-based, stock settled restricted stock unit was further adjusted into the number of time-based, stock settled restricted stock units equal to the Equity Award Exchange Ratio.

F8 · derivative.exercise_date: The restricted stock units described in footnote (6) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (7) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

F8 · derivative.expiration_date: The restricted stock units described in footnote (6) above vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution. The restricted stock units described in footnote (7) above vest upon the third anniversary of the grant date (i.e. November 18, 2018) so long as the Reporting Person remains employed through such vesting date.

SEC source: 0000950157-17-000876 · form4.xml · nonDerivative · entry 1

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 560

F1 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such share of restricted stock.

F2 · balance_after: Includes 360 shares of unvested restricted stock.

SEC source: 0000950157-17-000870 · form4.xml · derivative · entry 2

Stensrud Sara K. · CIK 0001498348 · Chief People & Comm. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,029

Underlying: Common Stock · 11,029 shares

Expires 2026-12-16

F4 · derivative.exercise_price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F4 · price: Pursuant to the terms of the Employee Matters Agreement, the Reporting Person was entitled to receive the number of stock appreciation rights of Valvoline equal to the Equity Award Exchange Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $20.29.

F5 · derivative.exercise_date: Fifty percent (50%) of the stock appreciation rights vest on November 16, 2017, twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2018 and twenty-five percent (25%) of the stock appreciation rights vest on November 16, 2019.

SEC source: 0000950157-17-000870 · form4.xml · derivative · entry 1

Stensrud Sara K. · CIK 0001498348 · Chief People & Comm. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,436

Underlying: Common Stock · 15,436 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one (1) share of Valvoline common stock.

F2 · shares: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of restricted stock units of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such restricted stock unit.

F2 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of restricted stock units of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such restricted stock unit.

F3 · derivative.exercise_date: The restricted stock units vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution.

F3 · derivative.expiration_date: The restricted stock units vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units of Ashland immediately prior to the Distribution.

SEC source: 0000947871-17-000890 · ss62469_4a.xml · nonDerivative · entry 1

MITCHELL SAMUEL J · CIK 0001166068 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 138,568

F2 · price: Represents the sum of 46,696 shares of restricted stock granted pursuant to the adjustment described in footnote (3) below and 28,837 shares of restricted stock granted pursuant to the plan described in (4) below.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016 (the "Employee Matters Agreement"), the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Exchange Ratio") for each such share of restricted stock.

F4 · price: Pursuant to the terms of the Executive Performance Incentive and Retention Program (the "EPIRP"), upon the Distribution, one-third of the Reporting Person's performance-based restricted shares granted under the EPIRP were convertible at "target" level (i.e. 50%) into 5,360 time-vested restricted shares immediately following the 120th day following the consummation of the Distribution. Pursuant to the terms of the EPIRP, each such time-vested restricted share was further adjusted into the number of time-vested restricted shares equal to the Equity Award Exchange Ratio.

F1 · balance_after: This amendment to the Statement of Beneficial Ownership of Securities on Form 4, filed with the Securities and Exchange Commission on June 8, 2017 (the "Original Form 4"), is being filed to correct the Original Form 4 filing to add 38,035 shares held directly by the Reporting Person that were inadvertently not included on the Original Form 4.

F5 · balance_after: Includes 75,533 shares of unvested restricted stock.

SEC source: 0000947871-17-000891 · ss66623_4a.xml · nonDerivative · entry 1

Lockwood Frances E. · CIK 0001685734 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,875

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date for each such share of restricted stock.

F1 · balance_after: This amendment to the Statement of Beneficial Ownership of Securities on Form 4, filed with the Securities and Exchange Commission on June 8, 2017 (the "Original Form 4"), is being filed to correct the Original Form 4 filing to add 17,735 shares held directly by the Reporting Person that were inadvertently not included on the Original Form 4.

F2 · balance_after: Includes 640 shares of unvested restricted stock.

SEC source: 0000947871-17-000893 · ss66625_4a.xml · nonDerivative · entry 1

Moughler Craig A. · CIK 0001685753 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,277

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date for each such share of restricted stock.

F1 · balance_after: This amendment to the Statement of Beneficial Ownership of Securities on Form 4, filed with the Securities and Exchange Commission on June 8, 2017 (the "Original Form 4"), is being filed to correct the Original Form 4 filing to add 8,637 shares held directly by the Reporting Person that were inadvertently not included on the Original Form 4.

F2 · balance_after: Includes 640 shares of unvested restricted stock.

SEC source: 0000947871-17-000892 · ss66624_4a.xml · nonDerivative · entry 1

Matheys Heidi J. · CIK 0001685782 · Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,195

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date for each such share of restricted stock.

F1 · balance_after: This amendment to the Statement of Beneficial Ownership of Securities on Form 4, filed with the Securities and Exchange Commission on June 8, 2017 (the "Original Form 4"), is being filed to correct the Original Form 4 filing to add 10,155 shares held directly by the Reporting Person that were inadvertently not included on the Original Form 4.

F2 · balance_after: Includes 640 shares of unvested restricted stock.

SEC source: 0000947871-17-000894 · ss66628_4a.xml · nonDerivative · entry 1

O'Daniel Julie Marie · CIK 0001685295 · Gen. Counsel, Corp. Secy, SVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 666

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, the Reporting Person was entitled to receive the number of shares of restricted stock of Valvoline obtained by dividing (x) the closing price of Ashland common stock on the Distribution Date by (y) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date for each such share of restricted stock.

F1 · balance_after: This amendment to the Statement of Beneficial Ownership of Securities on Form 4, filed with the Securities and Exchange Commission on June 8, 2017 (the "Original Form 4"), is being filed to correct the Original Form 4 filing to add 106 shares held directly by the Reporting Person that were inadvertently not included on the Original Form 4.

F2 · balance_after: Includes 360 shares of unvested restricted stock.

SEC source: 0000950157-17-000820 · form4.xml · derivative · entry 1

KIRK STEPHEN F · CIK 0001015037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,126.223

Underlying: Common Stock · 17,587.543 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 3,268.82 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F2 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F2 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000950157-17-000822 · form4.xml · derivative · entry 1

MITCHELL SAMUEL J · CIK 0001166068 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,018.64

Underlying: Common Stock · 188,018.64 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Employees (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 34,945.137 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F2 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F2 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000950157-17-000819 · form4.xml · derivative · entry 1

Lockwood Frances E. · CIK 0001685734 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,909.382

Underlying: Common Stock · 15,909.382 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Employees (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 2,956.917 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F2 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F2 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000950157-17-000823 · form4.xml · derivative · entry 1

Moughler Craig A. · CIK 0001685753 · Sr. VP, Int'l & Product Supply

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,092.113

Underlying: Common Stock · 6,092.113 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Employees (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 1,132.28 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F2 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F2 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000950157-17-000821 · form4.xml · derivative · entry 1

Puckett Anthony R. · CIK 0001685757 · President, Quick Lubes

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,258.017

Underlying: Common Stock · 2,258.017 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Employees (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F3 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 419.675 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F2 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F2 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000950157-17-000824 · form4.xml · derivative · entry 3

Manager Vada O · CIK 0001429435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,866.962

Underlying: Common Stock · 141,202.694 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F4 · price: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the Employee Matters Agreement entered into between Ashland and Valvoline dated September 22, 2016, each of the reporting person's 26,243.97 outstanding units of Ashland was converted into the number of units of Valvoline obtained by dividing (a) the closing price of Ashland common stock on the Distribution Date by (b) the simple arithmetic average of the volume-weighted average price of Valvoline common stock for each of the ten consecutive trading days immediately following the Distribution Date.

F3 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F3 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0001674862-17-000031 · primary_doc.xml · nonDerivative · entry 1

ASHLAND GLOBAL HOLDINGS INC · CIK 0001674862 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: The reporting person distributed the shares to its shareholders on a pro rata basis.

SEC source: 0000950157-17-000437 · form4.xml · nonDerivative · entry 1

Macadam Stephen E. · CIK 0001432316 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,955

F1 · shares: Represents shares of Common Stock issued to Non-Employee Director in lieu of cash retainer pursuant to the Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors.

F2 · price: Price per share based on the New York Stock Exchange closing price of the Issuer's Common Stock on the date of issuance.

SEC source: 0000950157-17-000824 · form4.xml · derivative · entry 2

Manager Vada O · CIK 0001429435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,866.962

Underlying: Common Stock · 58.554 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline Inc. ("Valvoline") common stock upon distribution. Subject to the terms and requirements of the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

F3 · derivative.expiration_date: Shares of Valvoline common stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Plan) or the reporting person's death, disability or separation from service, in accordance with the terms of the Plan. The reporting person may elect to transfer certain units held within the Plan to another hypothetical investment alternative at any time.

SEC source: 0000947871-17-000746 · ss59681_4.xml · derivative · entry 1

SONSTEBY CHARLES M · CIK 0001186383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,793

Underlying: Common Stock · 855 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution.

F2 · derivative.exercise_date: Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan")) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.

F2 · derivative.expiration_date: Shares of Valvoline common stock or cash become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Valvoline 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan")) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Plan.

SEC source: 0000950157-17-000393 · form4.xml · derivative · entry 1

Freeland Richard Joseph · CIK 0001327988 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,538.68

Underlying: Common Stock · 14.004 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000392 · form4.xml · derivative · entry 1

TWINEM MARY J · CIK 0001265912 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,538.68

Underlying: Common Stock · 14.004 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000391 · form4.xml · derivative · entry 1

SONSTEBY CHARLES M · CIK 0001186383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,541.676

Underlying: Common Stock · 17 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000390 · form4.xml · derivative · entry 1

Macadam Stephen E. · CIK 0001432316 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,538.68

Underlying: Common Stock · 14.004 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000399 · form4.xml · derivative · entry 1

KIRK STEPHEN F · CIK 0001015037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,538.68

Underlying: Common Stock · 14.004 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000400 · form4.xml · derivative · entry 1

Manager Vada O · CIK 0001429435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,538.823

Underlying: Common Stock · 14.147 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of VVV common stock. Subject to the terms and requirements of the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), the reporting person may elect to transfer certain Restricted Stock Units granted under the Plan to another hypothetical investment alternative.

F2 · shares: Acquired pursuant to a dividend reinvestment feature of the Plan, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units were credited as dividends with respect to previously granted Restricted Stock Units under the Plan and vest on the same date as the previously granted Restricted Stock Units with respect to which they were credited as dividends.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable in the Issuer's Common Stock or cash, at the election of the reporting person, upon separation from service as a director.

SEC source: 0000950157-17-000215 · form4.xml · nonDerivative · entry 1

KIRK STEPHEN F · CIK 0001015037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,837

F1 · shares: Shares of Common Stock purchased on the open market.

SEC source: 0000950157-17-000133 · form4.xml · derivative · entry 1

KIRK STEPHEN F · CIK 0001015037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000139 · form4.xml · derivative · entry 1

Manager Vada O · CIK 0001429435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000134 · form4.xml · derivative · entry 1

Macadam Stephen E. · CIK 0001432316 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000138 · form4.xml · derivative · entry 1

SONSTEBY CHARLES M · CIK 0001186383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000136 · form4.xml · derivative · entry 1

Freeland Richard Joseph · CIK 0001327988 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000135 · form4.xml · derivative · entry 1

TWINEM MARY J · CIK 0001265912 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,521

Underlying: Common Stock · 4,960 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of VVV common stock.

F2 · shares: Represents annual award of Restricted Stock Units pursuant to Issuer's 2016 Deferred Compensation Plan for Non-Employee Directors, and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: The Restricted Stock Units vest one year after date of grant.

F4 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

SEC source: 0000950157-17-000283 · form4.xml · derivative · entry 1

Manager Vada O · CIK 0001429435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66.892

Underlying: Common Stock · 66.892 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit represents a right to receive one share of VVV common stock.

F2 · shares: Acquired pursuant to the Valvoline Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), and exempt pursuant to Rule 16b-3.

F3 · derivative.exercise_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable upon separation from service as a director.

F3 · derivative.expiration_date: Subject to any deferral election on timing of distribution by the reporting person under the Plan, such units are payable upon separation from service as a director.