J. KEVIN WILLIS - 13 Nov 2022 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr.VP &Chief Financial Officer
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
13 Nov 2022
Net transactions value
+$745,408
Form type
4
Filing time
16 Nov 2022, 12:22:49 UTC
Previous filing
03 Jun 2022
Next filing
12 Dec 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 $1,240,713 +11,390 +280% $108.93 15,456 13 Nov 2022 Direct F1
transaction ASH Common Stock Tax liability $584,409 -5,365 -35% $108.93 10,091 13 Nov 2022 Direct F1
transaction ASH Common Stock Options Exercise $168,624 +1,548 +15% $108.93 11,639 13 Nov 2022 Direct F1
transaction ASH Common Stock Tax liability $79,519 -730 -6.3% $108.93 10,909 13 Nov 2022 Direct F1
holding ASH Common Stock 33,649 13 Nov 2022 401(k)
holding ASH Common Stock 0 13 Nov 2022 Trust

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 -11,390 -100% $0.000000* 0 13 Nov 2022 Common Stock 11,390 Direct F2, F3
transaction ASH Restricted Stock Units Options Exercise $0 -1,548 -100% $0.000000* 0 13 Nov 2022 Common Stock 1,548 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,637 shares of unvested Restricted Stock.
F2 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.
F3 Grant of Restricted Stock Units on November 15, 2020, 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 equal installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the issuer.