ASHLAND INC. 4
4 · ASHLAND INC. · Filed Mar 17, 2015
Insider Transaction Report
Form 4
ASHLAND INC.ASH
HALE ROGER W
Director
Transactions
- Other
Restricted Stock Units
2015-03-13$125.00/sh+72$9,000→ 26,540 total→ Common Stock (72 underlying) - Other
Common Stock Units
2015-03-13$125.00/sh+29$3,625→ 10,323 totalExercise: $0.00→ Common Stock (29 underlying)
Footnotes (6)
- [F1]1-for-1
- [F2]Common Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan 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 Common Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.
- [F4]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F5]Restricted Stock Units acquired pursuant to Ashland's Deferred Compensation Plan (the "Plan") for Non-Employee Directors 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.)
- [F6]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.