SEC Form 4 · accession 0001127602-17-033054
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Peter Ganz
Officer — Senior Vice President
Period of report
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 5:20 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,F3 | Nov 20, 2017 | S | 3,379 | $70.63 | D | 38,183 | D | |
| Common StockF3 | Nov 20, 2017 | F | 495 | $70.16 | D | 37,688 | D | |
| Common StockF3 | Nov 20, 2017 | M | 1,188 | $70.16 | A | 38,876 | 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 UnitsF5,F6 | — | Nov 20, 2017 | M | 1,188 | D | — | — | Common Stock | 1,188 | 11,142 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2017.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple lots. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price in this footnote.
- F3Balance includes 11,037 shares of unvested Restricted Stock.
- F4Payment 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.
- F5Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F6Grant 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.