SEC Form 4 · accession 0001127602-17-033034
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne T. Schumann
Officer — Senior Vice President
Period of report
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 5:00 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 StockF2 | Nov 20, 2017 | F | 264 | $70.16 | D | 21,139 | D | |
| Common StockF2 | Nov 20, 2017 | M | 541 | $70.16 | A | 21,680 | D | |
| Common StockF3 | holding | — | — | — | 1,316 | 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 UnitsF4,F5 | — | Nov 20, 2017 | M | 541 | D | — | — | Common Stock | 541 | 5,207 | 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.
- F2Balance includes 8,065 shares of unvested Restricted Stock.
- 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, 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.