SEC Form 4 · accession 0001127602-15-032187
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
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001305014
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $111.89 | Nov 18, 2015 | A | 57,250 | A | Nov 18, 2016 | Dec 18, 2025 | Common Stock | 57,250 | 57,250 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 18, 2015 | A | 10,800 | A | — | — | Common Stock | 10,800 | 10,800 | D |
Explanation of responses
- F1Stock 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.
- F2Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F3Grant 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.