SEC Form 4 · accession 0001127602-17-027384
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
Sep 13, 2017
Accepted (ET)
Sep 13, 2017 · 3:11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Sep 13, 2017 | A | 13,127 | A | — | — | Common Stock | 13,127 | 102,613 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F2Pursuant to the terms of the FY 2016- 2018 Long Term Incentive Plan (the "LTIP Plan"), two-thirds of the performance units under the LTIP Plan were scored resulting in 13,127 time-based, stock-settled restricted stock units.
- F3The Restricted Stock Units described in footnote 2 vest on November 18, 2018 so long as the Reporting Person remains employed through such vesting date.