SEC Form 4 · accession 0001127602-15-003814
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Wulfsohn
Officer — Chief Executive Officer · Director
Period of report
Jan 29, 2015
Accepted (ET)
Feb 2, 2015 · 5:55 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 StockF2 | Jan 29, 2015 | A | 10,600 | $117.38 | A | 60,600 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $117.38 | Jan 29, 2015 | A | 46,000 | A | Jan 29, 2016 | Feb 28, 2015 | Common Stock | 46,000 | 46,000 | D |
Explanation of responses
- F1Grant of Restricted Common Stock, pursuant to the Amended and Restated 2011 Ashland Inc. Incentive Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three years (one-third each year).
- F2Includes 60,600 shares of unvested Restricted Stock.
- F3Stock 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.