SEC Form 4 · accession 0001127602-18-003026
ASHLAND INC. · ASH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Wulfsohn
Officer — Chief Executive Officer · Director
Period of report
Jan 29, 2018
Accepted (ET)
Jan 30, 2018 · 5:33 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 StockF1 | Jan 29, 2018 | M | 43,479 | $72.39 | A | 123,706 | D | |
| Common StockF1 | Jan 29, 2018 | F | 17,408 | $72.39 | D | 106,298 | D | |
| Common StockF1 | Jan 29, 2018 | F | 3,105 | $72.39 | D | 103,193 | 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 UnitsF4,F5 | — | Jan 29, 2018 | M | 43,479 | D | — | — | Common Stock | 43,479 | 64,897 | D |
Explanation of responses
- F1Balance includes 30,750 shares of unvested Restricted stock.
- F2Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 5 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
- F3Payment of tax liability by withholding securities incident to the vesting of Restricted Common Stock acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
- F4Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- 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 January 29, 2018, provided that the Reporting Person remains in continuous employment with the Issuer.