Turner John F 4
4 · ASHLAND INC. · Filed Mar 19, 2013
Insider Transaction Report
Form 4
ASHLAND INC.ASH
Turner John F
Director
Transactions
- Other
Restricted Stock Units
2013-03-15$81.02/sh+66$5,347→ 23,864 total→ Common Stock (66 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F2]Restricted Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") as of 3/15/2013 and exempt from Rule 16b-3. (One (1) Restricted Stock Unit in the Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.)
- [F3]Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.