DREW ERNEST H 4
4 · ASHLAND INC. · Filed Jan 30, 2007
Insider Transaction Report
Form 4
ASHLAND INC.ASH
DREW ERNEST H
Director
Transactions
- Award
Restricted Stock Units
2007-01-26$67.91/sh+1,472$99,964→ 1,472 total→ Common Stock (1,472 underlying)
Footnotes (2)
- [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 and will be payable in cash or stock upon termination of service. (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.)