WATERS FRANK L 4
4 · ASHLAND INC · Filed Sep 22, 2003
Insider Transaction Report
Form 4
ASHLAND INCASH
WATERS FRANK L
Vice President
Transactions
- Award
Stock Options (Right to buy)
2003-09-18+15,000→ 15,000 totalExercise: $34.00From: 2004-09-18Exp: 2013-10-18→ Common Stock (15,000 underlying)
Holdings
- 670(indirect: LESOP)
Common Stock
- 1,580(indirect: By 401(k))
Common Stock
- 149
Common Stock
Footnotes (5)
- [F1]20 of these shares are held in Ashland's Open Enrollment Dividend Reinvestment and Stock Purchase Plan as of 9-15-03.
- [F2]Based on Employee Savings Plan information as of 9-18-03, the latest date for which such information is reasonably available.
- [F3]Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as of 8-31-03.
- [F4]Grant of employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's Amended and Restated Incentive Plan.
- [F5]Employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's Amended and Restated Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year. The employee stock option includes a tax withholding feature pursuant to the plan.