ASHLAND INC. 4
4 · ASHLAND INC. · Filed Jan 29, 2016
Insider Transaction Report
Form 4
ASHLAND INC.ASH
KIRK STEPHEN F
Director
Transactions
- Award
Restricted Stock Units
2016-01-27$94.32/sh+1,166$109,977→ 3,213 total→ Common Stock (1,166 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F2]Grant of deferred Restricted Stock Units pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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]Balance includes 8 additional Restricted Stock Units acquired in lieu of cash dividends on December 15, 2015 pursuant to Ashland's Deferred Compensation Plan (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).