SEC Form 4 · accession 0001127602-17-008124
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
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 12:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674862
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2017 | M | 2,875 | $69.15 | A | 48,865 | D | |
| Common StockF1 | Feb 22, 2017 | F | 2,051 | $123.85 | D | 63,226 | D | |
| Common StockF1 | Feb 22, 2017 | M | 6,500 | $89.69 | A | 55,365 | D | |
| Common StockF1 | Feb 22, 2017 | F | 5,317 | $123.85 | D | 57,909 | D | |
| Common StockF1 | Feb 22, 2017 | M | 4,912 | $112.91 | A | 60,277 | D | |
| Common StockF1 | Feb 22, 2017 | F | 4,627 | $123.85 | D | 53,282 | D | |
| Common StockF1 | Feb 22, 2017 | M | 5,000 | $111.89 | A | 65,277 | D | |
| Common StockF1 | Feb 22, 2017 | F | 4,683 | $123.85 | D | 48,599 | D | |
| Common StockF1 | Feb 22, 2017 | S | 2,609 | $123.85 | D | 45,990 | 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 | Feb 22, 2017 | M | 2,875 | D | Nov 26, 2013 | Dec 26, 2022 | Common Stock | 2,875 | 0 | D |
| Stock Appreciation Right | $89.69 | Feb 22, 2017 | M | 6,500 | D | Nov 13, 2014 | Dec 13, 2023 | Common Stock | 6,500 | 0 | D |
| Stock Appreciation Right | $112.91 | Feb 22, 2017 | M | 4,912 | D | Nov 12, 2015 | Dec 12, 2024 | Common Stock | 4,912 | 1,638 | D |
| Stock Appreciation Right | $111.89 | Feb 22, 2017 | M | 5,000 | D | Nov 18, 2016 | Dec 18, 2025 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Includes 29,418 shares of unvested Restricted Stock.
- F2Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 6 below.
- F3Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7 below.
- F4Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 8 below.
- F5Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 9 below.
- F6Stock Appreciation Right granted pursuant to Ashland's 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.
- F7Stock Appreciation Right granted pursuant to Ashland's 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.
- F8Stock Appreciation Right granted pursuant to Ashland's 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.
- F9Stock Appreciation Right granted pursuant to Ashland's 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.