Swaminathan Ashok Kalyana - 17 Nov 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr VP & Gen Mgr, Life Sciences and Interm.
Signature
Serena S. Kenost, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
17 Nov 2023
Net transactions value
+$158,148
Form type
4
Filing time
22 Nov 2023, 06:30:04 UTC
Previous filing
16 Nov 2023
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 $45,294 +589 +45% $76.90 1,902 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $15,534 -202 -11% $76.90 1,700 17 Nov 2023 Direct F1
transaction ASH Common Stock Options Exercise $61,366 +798 +47% $76.90 2,498 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $21,071 -274 -11% $76.90 2,224 17 Nov 2023 Direct F1
transaction ASH Common Stock Award $65,980 +858 +39% $76.90 3,082 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $22,609 -294 -9.5% $76.90 2,788 17 Nov 2023 Direct F2
transaction ASH Common Stock Options Exercise $68,060 +869 +31% $78.32 3,657 18 Nov 2023 Direct
transaction ASH Common Stock Tax liability $23,339 -298 -8.1% $78.32 3,359 18 Nov 2023 Direct F1

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 -589 -100% $0.000000* 0 17 Nov 2023 Common Stock 589 Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -798 -33% $0.000000 1,596 17 Nov 2023 Common Stock 798 Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -869 -50% $0.000000 868 18 Nov 2023 Common Stock 869 Direct F3, F4
* 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 Payment of tax liability by withholding securities incident to the vesting of Performance Share Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F3 Each Restricted Stock Unit represents a right to receive one (1) Restricted Stock Unit of Ashland Common Stock.
F4 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 will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.

Remarks:

Sr VP & Gen Mgr, Life Sciences and Interm.