SEC Form 4 · accession 0001127602-17-020787
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
J Kevin Willis
Officer — Chief Financial Officer
Period of report
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 3:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674862
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 | $29.50 | Jun 5, 2017 | A | 1,082 | A | Dec 2, 2012 | Jan 2, 2022 | Common Stock | 1,082 | 2,307 | D |
| Stock Appreciation RightF2 | $37.37 | Jun 5, 2017 | A | 2,562 | A | Nov 14, 2013 | Dec 14, 2022 | Common Stock | 2,562 | 5,462 | D |
| Stock Appreciation RightF3 | $46.65 | Jun 5, 2017 | A | 2,317 | A | May 3, 2014 | Jun 3, 2023 | Common Stock | 2,317 | 4,940 | D |
| Stock Appreciation RightF4 | $47.63 | Jun 5, 2017 | A | 11,926 | A | Nov 13, 2014 | Dec 13, 2023 | Common Stock | 11,926 | 25,426 | D |
| Stock Appreciation RightF5 | $57.96 | Jun 5, 2017 | A | 15,283 | A | Nov 16, 2017 | Dec 16, 2026 | Common Stock | 15,283 | 32,583 | D |
| Stock Appreciation RightF6 | $59.41 | Jun 5, 2017 | A | 14,179 | A | Nov 18, 2016 | Dec 18, 2025 | Common Stock | 14,179 | 30,229 | D |
| Stock Appreciation RightF7 | $59.95 | Jun 5, 2017 | A | 11,572 | A | Nov 12, 2015 | Dec 12, 2024 | Common Stock | 11,572 | 24,672 | D |
Explanation of responses
- F1Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $55.56 was converted to $29.50.
- F2Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $70.37 was converted to $37.37.
- F3Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $87.86 was converted to $46.65.
- F4Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $89.69 was converted to $47.63.
- F5Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $109.15 was converted to $57.96.
- F6Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $111.89 was converted to $59.41.
- F7Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of stock appreciation rights equal to the Equity Award Adjustment Ratio for each such stock appreciation right, and the original strike price of $112.91 was converted to $59.95.