SEC Form 4 · accession 0001127602-15-001259
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Heitman
Officer — Controller
Period of report
Jan 5, 2015
Accepted (ET)
Jan 6, 2015 · 5:59 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 | 4,000 | $0.00 | A | 13,951 | D | |
| Common StockF3 | Jan 5, 2015 | F | 2,576 | $118.50 | D | 11,375 | D | |
| Common StockF4 | holding | — | — | — | 314 | 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 | $51.86 | Jan 5, 2015 | M | 4,000 | D | Nov 17, 2011 | Dec 17, 2020 | Common Stock | 4,000 | 600 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2014.
- F2Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 5 below.
- F3Includes 1,243 shares of unvested Restricted Stock.
- F4Based on Employee Savings Plan information as of December 1, 2014, the latest date for which such information is reasonably available.
- F5Stock Appreciation Right granted pursuant to the 2006 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.