ASHLAND INC. 4
4 · ASHLAND INC. · Filed Jun 18, 2013
Insider Transaction Report
Form 4
ASHLAND INC.ASH
CUMMINS BRENDAN
Director
Transactions
- Other
Restricted Stock Units
2013-06-14$86.22/sh+9$776→ 3,383 total→ Common Stock (9 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a right to receive cash compensation in an amount equal to the closing stock price of one (1) share of Ashland Inc. Common Stock as reported on the NYSE on the Vesting Date.
- [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.