ASHLAND INC. 4
4 · ASHLAND INC. · Filed Nov 20, 2015
Insider Transaction Report
Form 4
ASHLAND INC.ASH
Elliott Greg W
Vice President
Transactions
- Award
Stock Appreciation Right
2015-11-18$111.89/sh+6,500$727,285→ 6,500 totalExercise: $111.89From: 2016-11-18Exp: 2025-12-18→ Common Stock (6,500 underlying) - Award
Restricted Stock Units
2015-11-18$111.89/sh+1,250$139,863→ 1,250 total→ Common Stock (1,250 underlying)
Footnotes (3)
- [F1]Stock Appreciation Right granted pursuant to the Amended and Restated 2015 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.
- [F2]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F3]Grant of Restricted Stock Units, pursuant to the Amended and Restated 2015 Ashland Inc. Incentive Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reported Person remains in continuous employment with the Issuer.