SEC Form 4 · accession 0001127602-19-002865
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, 2019
Accepted (ET)
Jan 29, 2019 · 4:09 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 UnitsF4,F1,F3 | — | Jan 25, 2019 | I | 735 | D | — | — | Common Stock | 735 | 56,061 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F2Intra-Plan transfer out of the Ashland Common Stock fund pursuant to Reporting Person's annual election in December 2017 for 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.)
- F3Subject 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.
- F4Balance includes 174 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2018; 180 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2018; 167 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2018; and 200 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 17, 2018, 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.