SEC Form 4 · accession 0001127602-15-020995

ASHLAND INC. · ASH

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

Reporting owner

Director

Period of report

Jun 15, 2015

Accepted (ET)

Jun 18, 2015 · 10:34 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001305014

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Units^F1,F3,F2	$0.00	Jun 15, 2015	J	111	A	—	—	Common Stock	111	36,077	D
Restricted Stock Units^F4,F6	—	Jun 15, 2015	J	82	A	—	—	Common Stock	82	26,704	D

F11-for-1
F2Common Stock Units acquired in lieu of cash dividends pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
F3Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.
F4Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F5Restricted Stock Units acquired in lieu of cash dividends pursuant to Ashland's Deferred Compensation Plan (the "Plan") for Non-Employee Directors and exempt from Rule 16b-3. (One (1) Restricted Stock Unit in the Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.)
F6Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.