MIN CHONG - 28 Nov 2022 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr VP & Gen Mgr, Spc Additives
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
28 Nov 2022
Net transactions value
+$279,912
Form type
4
Filing time
29 Nov 2022, 16:10:02 UTC
Previous filing
12 Dec 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

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 Award $279,912 +2,524 $110.90 2,524 28 Nov 2022 Common Stock 2,524 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.
F2 Grant of Restricted Stock Units on November 28, 2022, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. All the shares in this grant vest on November 28, 2025, the third anniversary of the grant date, provided that the Reporting Person remains in continuous employment with the issuer.