SEC Form 4 · accession 0001127602-18-002684
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William G Dempsey
Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 26, 2018 · 6:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674862
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F2 | — | Jan 25, 2018 | A | 1,453 | A | — | — | Common Stock | 1,453 | 4,118 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F2Grant of deferred Restricted Stock Units pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (One (1) Restricted Stock Unit in the Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.)
- F3Balance includes 8 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2017 pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors and exempt under Rule 16b-3. One (1) Restricted Stock Unit is the equivalent of one (1) share of Ashland Common Stock.