SEC Form 4 · accession 0001127602-15-012614
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis M Fernandez-Moreno
Officer — Senior Vice President
Period of report
Mar 24, 2015
Accepted (ET)
Mar 26, 2015 · 1:27 pm EDT
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 | Mar 24, 2015 | S | 1,300 | $128.00 | D | 40,651 | D | |
| Common StockF2 | Mar 24, 2015 | M | 4,305 | $127.41 | A | 44,956 | D | |
| Common StockF2 | Mar 24, 2015 | M | 4,320 | $127.41 | A | 49,276 | D | |
| Common StockF2 | Mar 24, 2015 | F | 3,025 | $127.41 | D | 46,251 | D | |
| Common StockF2 | Mar 24, 2015 | F | 3,032 | $127.41 | D | 43,219 | D | |
| Common StockF2 | Mar 25, 2015 | S | 2,568 | $127.27 | D | 40,651 | 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 Right | $69.15 | Mar 24, 2015 | M | 4,305 | D | Nov 26, 2013 | Dec 26, 2022 | Common Stock | 4,305 | 7,195 | D |
| Stock Appreciation Right | $69.15 | Mar 24, 2015 | M | 4,320 | D | Nov 26, 2013 | Dec 26, 2022 | Common Stock | 4,320 | 2,875 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 2, 2015.
- F2Includes 38,080 shares of unvested Restricted Stock.
- F3Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 5 below.
- F4Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 6 below.
- F5Stock 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.
- 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.