CUMMINS BRENDAN 4
4 · ASHLAND INC. · Filed Dec 17, 2012
Insider Transaction Report
Form 4
ASHLAND INC.ASH
CUMMINS BRENDAN
Director
Transactions
- Other
Restricted Stock Units
2012-12-14$75.75/sh+6$455→ 2,094 total→ Common Stock (6 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F2]Restricted Stock Units acquired pursuant to a dividend reinvestment feature of the 2011 Ashland Inc. Incentive Plan (the "Plan").
- [F3]All Restricted Stock Units will vest on the earliest of (i) the Director's Retirement (as defined in the Plan), (ii) the Director's death or Disability (as defined in the Plan), or (iii) a 50% change in beneficial ownership of Ashland Inc.
- [F4]Includes 6 Restricted Stock Units acquired on 9/15/12 pursuant to a dividend reinvestment feature of the Plan.