SEC Form 4 · accession 0001127602-18-002689
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry W Perry
Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 26, 2018 · 6:33 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 | 57,336 | D |
| Restricted Stock UnitsF1,F5 | — | Jan 25, 2018 | I | 1,261 | D | — | — | Common Stock | 1,261 | 56,075 | 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 177 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.
- F4Intra-Plan transfer out of the Ashland Common Stock fund pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Restricted Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
- F5Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Restricted Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.