SEC Form 4 · accession 0001127602-15-001247

ASHLAND INC. · ASH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Jan 2, 2015

Accepted (ET)

Jan 6, 2015 · 5:50 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001305014

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jan 2, 2015	M	167	$0.00	A	21,963	D
Common Stock	Jan 2, 2015	F	52	$119.76	D	21,911	D
Common Stock^F3	holding	—	—		—	14,548	I	401(k)
Common Stock^F4	holding	—	—		—	887	I	LESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Units^F5,F6	—	Jan 2, 2015	M	167	D	—	—	Common Stock	167	14,792	D

F1Shares of common stock received in settlement of an equal number of common stock units as described in footnote (5) below.
F2Payment of tax liability by withholding securities incident to the conversion of common stock units referenced in footnote (5) below.
F3Based on Employee Savings Plan information as of December 1, 2014, the latest date for which such information is reasonably available.
F4Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as of December 1, 2014.
F51 for 1.
F6The common stock units were converted into shares of common stock pursuant to an election for fixed schedule distributions established by the reporting person under the Ashland Inc. Deferred Compensation Plan for Employees (2005) (the "Employee Deferral Plan"). Fixed schedule distributions under the Employee Deferral Plan must be made not less than two years measured from the beginning of the plan year after the plan year in which the election is made. Each common stock unit under the Employee Deferral Plan entitles a participant to receive one share of Ashland common stock or the cash value thereof.