SEC Form 4 · accession 0001127602-18-033859
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
Nov 15, 2018
Accepted (ET)
Nov 19, 2018 · 9:02 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 | Nov 15, 2018 | M | 6,310 | $82.34 | A | 109,790 | D | |
| Common StockF1 | Nov 15, 2018 | F | 2,776 | $82.34 | D | 107,014 | 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,F3,F4 | — | Nov 15, 2018 | M | 6,310 | D | — | — | Common Stock | 6,310 | 73,046 | D |
Explanation of responses
- F1Balance includes 31,037 shares of unvested Restricted stock. Balance also includes shares of restricted stock acquired in lieu of cash dividends, 114 shares acquired on December 15, 2017; 98 shares acquired on March 15, 2018; 98 shares acquired on June 15, 2018 and 91 shares acquired on September 15, 2018.
- F2Payment 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.
- F3Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F4Grant 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.
- F5Balance also includes shares of restricted stock units acquired in lieu of cash dividends, 116 shares acquired on December 15, 2017; 122 shares acquired on March 15, 2018; 122 shares acquired on June 15, 2018 and 115 shares acquired on September 15, 2018.