Transaction Details

Footnotes

Restricted stock units convert into Valvoline common stock on a one-for-one basis. | The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. | Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline Inc. 2016 Deferred Compensation Plan for Employees (the "Deferred Compensation Plan"). | Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral. | Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.