AI assistant
ASHLAND INC. — Director's Dealing 2023
Aug 16, 2023
31616_dirs_2023-08-15_8fc87636-959a-40a7-8410-7ba46fb8717c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2023-08-11
Reporting Person: LAMPKIN ROBIN E. (SVP, Gen. Counsel & Secretary)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3128 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $82.34 | 2028-11-15 | Common Stock (1050) | Direct | |
| Stock Appreciation Right | $77.90 | 2029-11-13 | Common Stock (1250) | Direct | |
| Restricted Stock Units | $ | Common Stock (460) | Direct | ||
| Restricted Stock Units | $ | Common Stock (736) | Direct | ||
| Restricted Stock Units | $ | Common Stock (680) | Direct |
Footnotes
F1: This stock appreciation right granted on November 15, 2018, was exercisable in three annual installments. The first installment (525) became exercisable on November 15, 2019. The second installment (262) became exercisable on November 15, 2020. The third installment (263) became exercisable on November 15, 2021.
F2: This stock appreciation right granted on November 13, 2019, was exercisable in three annual installments. The first installment (625) became exercisable on November 13, 2020. The second installment (312) became exercisable on November 13, 2021. The third installment (313) became exercisable on November 13, 2022.
F3: Grant of Restricted Stock Units on November 17, 2020, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (151) vested on November 17, 2021, the second installment (153) vested on November 17, 2022, and the third installment (156) vests on November 17, 2023, provided that the Reporting Person remains in continuous employment with the issuer.
F4: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F5: Grant of Restricted Stock Units on November 18, 2021, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (243) vested on November 18, 2022. The second installment (246) vests on November 17, 2023, and the third installment (247) vests on November 17, 2024, provided that the Reporting Person remains in continuous employment with the issuer.
F6: Grant of Restricted Stock Units on November 17, 2022, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three equal annual installments. The first installment (227) vests on November 17, 2023, the second installment (227) vests on November 17, 2024, and the third installment (226) vests on November 17, 2025, provided that the Reporting Person remains in continuous employment with the issuer.