SEC Form 4 · accession 0001127602-15-032183

ASHLAND INC. · ASH

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

Reporting owner

Officer — Chief Financial Officer

Period of report

Nov 18, 2015

Accepted (ET)

Nov 20, 2015 · 5:15 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^F2	Nov 18, 2015	A	1,761	$111.89	A	14,567	D
Common Stock^F3	holding	—	—		—	15,048	I	401(k)
Common Stock^F3	holding	—	—		—	887	I	LESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Appreciation Right^F4	$111.89	Nov 18, 2015	A	16,050	A	Nov 18, 2016	Dec 18, 2025	Common Stock	16,050	16,050	D
Restricted Stock Units^F5,F6	—	Nov 18, 2015	A	3,050	A	—	—	Common Stock	3,050	3,050	D

F1Ashland Common Stock acquired upon settlement of LTIP award pursuant to Ashland's Amended and Restated 2011 Incentive Plan and exempt under Rule 16b-3(d).
F2Includes 12,806 shares of unvested Restricted Stock.
F3Based on Employee Savings Plan information as of November 18, 2015, the latest date for which such information is reasonably available.
F4Stock Appreciation Right granted pursuant to the Amended and Restated 2015 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.
F5Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F6Grant of Restricted Stock Units, pursuant to the Amended and Restated 2015 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 equal annual installments beginning one year from the date of grant, provided that the Reported Person remains in continuous employment with the Issuer.