SEC Form 4 · accession 0001127602-17-032201

ASHLAND INC. · ASH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Controller

Period of report

Nov 13, 2017

Accepted (ET)

Nov 15, 2017 · 4:47 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 Stock	Nov 13, 2017	M	2,775	$67.10	A	11,093	D
Common Stock	Nov 14, 2017	F	961	$67.10	D	10,132	D
Common Stock	Nov 14, 2017	F	154	$67.10	D	9,978	D
Common Stock^F3	holding	—	—		—	326	I	401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	—	Nov 13, 2017	M	2,775	D	—	—	Common Stock	2,775	3,819	D

F1Payment of tax liability by withholding of securities incident to the settlement of LTIP RSUs referenced in footnote 5 below.
F2Payment of tax liability by withholding securities incident to the vesting of Restricted Common Stock acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F3Based on Employee Savings Plan information as of September 30, 2017, the latest date for which such information is reasonably available.
F4Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F5Grant of Restricted Stock Units provided after measurement of the performance of the 2015-2017 LTIP award, pursuant Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant vest November 13, 2017, provided that the Reporting Person remains in continuous employment with the Issuer.