SEC Form 4 · accession 0001127602-17-033025
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Heitman
Officer — Controller
Period of report
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 4:55 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 20, 2017 | F | 155 | $70.16 | D | 10,092 | D | |
| Common Stock | Nov 20, 2017 | M | 446 | $70.16 | A | 10,538 | D | |
| Common StockF2 | holding | — | — | — | 326 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | Nov 20, 2017 | M | 446 | D | — | — | Common Stock | 446 | 4,211 | D |
Explanation of responses
- F1Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
- F2Based on Employee Savings Plan information as of September 30, 2017, the latest date for which such information is reasonably available.
- F3Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F4Grant of Restricted Stock Units, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.
- 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.