Min Chong - 17 Nov 2022 Form 4/A - Amendment Insider Report for ASHLAND INC. (ASH)

Role
Sr VP & Gen Mgr, Spc Additives
Signature
/s/ Babatunde Adwodira, Attorney in Fact
Issuer symbol
ASH
Transactions as of
17 Nov 2022
Net transactions value
+$362,903
Form type
4/A - Amendment
Filing time
12 Dec 2022, 10:49:01 UTC
Date Of Original Report
21 Nov 2022
Previous filing
04 Jan 2022
Next filing
29 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $69,988 +632 +72% $110.74 1,504 17 Nov 2022 Direct
transaction ASH Common Stock Tax liability $30,564 -276 -18% $110.74 1,228 17 Nov 2022 Direct F1, F2, F3
transaction ASH Common Stock Options Exercise $97,895 +875 +71% $111.88 2,103 18 Nov 2022 Direct F4
transaction ASH Common Stock Tax liability $42,738 -382 -18% $111.88 1,721 18 Nov 2022 Direct F1, F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASH Restricted Stock Units Options Exercise $0 -632 -50% $0.000000 631 17 Nov 2022 Common Stock 632 Direct F7, F8
transaction ASH Restricted Stock Units Award $268,323 +2,423 $110.74 2,423 17 Nov 2022 Common Stock 2,423 Direct F7, F9
transaction ASH Restricted Stock Units Options Exercise $0 -875 -33% $0.000000 1,750 18 Nov 2022 Common Stock 875 Direct F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F2 Due to a calculation error, the amount in Column 4 should have been 276 instead of 300.
F3 Due to a calculation error, the amount in Column 5 should have been 1,227.781 instead of 1,203.781.
F4 Due to a calculation error, the amount in Column 5 should have been 2,102.781 instead of 2,078.781.
F5 Due to a calculation error, the amount in Column 4 should have been 382 instead of 416.
F6 Due to a calculation error, the amount in Column 5 should have been 1,720.781 instead of 1,662.781.
F7 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.
F8 Grant of Restricted Stock Units on November 17, 2020 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The restricted stock units vest in three annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the issuer.
F9 Grant of Restricted Stock Units, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant vest in three annual equal installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the issuer.
F10 Grant of Restricted Stock Units on November 18, 2021 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The restricted stock units vest in three annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the issuer.

Remarks:

This Form 4/A was originally filed on 11/22/22 using the incorrect CIK number for the Issuer and is being refiled under the correct CIK number.