XIAOLAN WANG - 17 Nov 2022 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr VP & Gen Mgr, Personal Care
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
17 Nov 2022
Net transactions value
+$314,038
Form type
4
Filing time
21 Nov 2022, 12:52:00 UTC
Previous filing
04 Feb 2022
Next filing
24 Feb 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 $92,525 +827 $111.88 827 18 Nov 2022 Direct
transaction ASH Common Stock Tax liability $43,267 -387 -47% $111.80 440 18 Nov 2022 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 -827 -33% $0.000000 1,658 18 Nov 2022 Common Stock 827 Direct F2, F3
transaction ASH Restricted Stock Units Award $264,779 +2,391 +95% $110.74 4,913 17 Nov 2022 Common Stock 2,391 Direct F2, 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 Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F3 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 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.
F4 Grant of Restricted Stock Units on November 17, 2022, 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.