SEC Form 4 · accession 0001127602-15-001254
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter H Solomon
Officer — Vice President
Period of report
Jan 5, 2015
Accepted (ET)
Jan 6, 2015 · 5:58 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 | Jan 5, 2015 | M | 5,500 | $0.00 | A | 29,980 | D | |
| Common Stock | Jan 5, 2015 | M | 4,725 | $0.00 | A | 34,705 | D | |
| Common Stock | Jan 5, 2015 | F | 3,499 | $118.50 | D | 31,206 | D | |
| Common StockF4 | Jan 5, 2015 | F | 3,681 | $118.50 | D | 27,525 | D | |
| Common StockF5 | holding | — | — | — | 7,495 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $55.56 | Jan 5, 2015 | M | 5,500 | D | Dec 2, 2012 | Jan 2, 2022 | Common Stock | 5,500 | 0 | D |
| Stock Appreciation Right | $70.37 | Jan 5, 2015 | M | 4,725 | D | Nov 14, 2013 | Dec 14, 2022 | Common Stock | 4,725 | 1,575 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2014.
- F2Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7.
- F3Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 6.
- F4Includes 1359 shares of unvested Restricted Stock.
- F5Based on Employee Savings Plan information as of December 1, 2014, the latest date for which such information is reasonably available.
- F6Stock Appreciation Right granted pursuant to the Amended and Restated 2011 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year.
- F7Stock Appreciation Right granted pursuant to the Amended and Restated 2011 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year.