SEC Form 4 · accession 0001127602-17-032203
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Ganz
Officer — Senior Vice President
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 4:51 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 | Nov 13, 2017 | M | 7,092 | $67.10 | A | 44,867 | D | |
| Common StockF1 | Nov 14, 2017 | F | 2,188 | $67.10 | D | 42,679 | D | |
| Common StockF1 | Nov 14, 2017 | F | 356 | $67.10 | D | 42,323 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Nov 13, 2017 | M | 7,092 | D | — | — | Common Stock | 7,092 | 10,211 | D |
Explanation of responses
- F1Balance includes 15,924 shares of unvested Restricted Stock.
- F2Payment of tax liability by withholding of securities incident to the settlement of LTIP RSUs referenced in footnote 5 below.
- F3Payment 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.
- 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 to 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.