SEC Form 4 · accession 0001127602-18-028060

ASHLAND INC. · ASH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Keith C Silverman

Officer — Vice President

Period of report

Sep 17, 2018

Accepted (ET)

Sep 19, 2018 · 4:25 pm EDT

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 Stock	Sep 17, 2018	M	2,825	$47.63	A	4,183	D
Common Stock	Sep 17, 2018	M	2,730	$59.95	A	6,913	D
Common Stock	Sep 17, 2018	M	2,542	$59.41	A	9,455	D
Common Stock	Sep 17, 2018	M	1,836	$57.96	A	11,291	D
Common Stock	Sep 17, 2018	F	2,000	$84.61	D	9,291	D
Common Stock	Sep 17, 2018	F	2,184	$84.61	D	7,107	D
Common Stock	Sep 17, 2018	F	2,023	$84.61	D	5,084	D
Common Stock	Sep 17, 2018	F	1,440	$84.61	D	3,644	D
Common Stock	Sep 18, 2018	S	2,286	$84.71	D	1,358	D
Common Stock^F6	holding	—	—		—	1,067	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
Stock Appreciation Right	$47.63	Sep 17, 2018	M	2,825	D	Nov 13, 2014	Dec 13, 2023	Common Stock	2,825	0	D
Stock Appreciation Right	$59.95	Sep 17, 2018	M	2,730	D	Nov 12, 2015	Dec 12, 2024	Common Stock	2,730	0	D
Stock Appreciation Right	$59.41	Sep 17, 2018	M	2,542	D	Nov 18, 2016	Dec 18, 2025	Common Stock	2,542	848	D
Stock Appreciation Right	$57.96	Sep 17, 2018	M	1,836	D	Nov 16, 2017	Dec 16, 2026	Common Stock	1,836	1,836	D

Explanation of responses

F1Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7 below.
F10The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.
F2Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 8 below.
F3Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 9 below.
F4Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 10 below.
F5The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018.
F6Based on Employee Savings Plan information as of September 17, 2018, the latest date for which such information is reasonably available.
F7The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.
F8The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.
F9The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.