SEC Form 4 · accession 0001127602-15-032365
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith C Silverman
Officer — Vice President
Period of report
Nov 19, 2015
Accepted (ET)
Nov 23, 2015 · 6:43 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 | Nov 19, 2015 | M | 3,100 | $70.37 | A | 4,692 | D | |
| Common StockF2 | Nov 19, 2015 | F | 365 | $111.89 | D | 4,327 | D | |
| Common Stock | Nov 19, 2015 | F | 2,367 | $111.89 | D | 1,960 | D | |
| Common Stock | Nov 19, 2015 | S | 733 | $111.89 | D | 1,227 | D | |
| Common StockF4 | holding | — | — | — | 418 | I | 401(k) |
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 | $70.37 | Nov 19, 2015 | M | 3,100 | D | Nov 14, 2013 | Dec 14, 2022 | Common Stock | 3,100 | 0 | D |
Explanation of responses
- F1Payment of tax liability by withholding of securities incident to the settlement of LTIP award referenced in Form 4 filed 11-20-2015.
- F2Includes 358 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.
- F4Based on Employee Savings Plan information as of November 18, 2015, the latest date for which such information is reasonably available.
- 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.