Petra Yvonne Winkler von Mohrenfels - 09 Feb 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr. VP, GC and Secretary
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
09 Feb 2023
Net transactions value
-$26,027
Form type
4
Filing time
13 Feb 2023, 15:10:57 UTC
Previous 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 $102,925 +1,250 +22% $82.34 6,916 09 Feb 2023 Direct
transaction ASH Common Stock Disposed to Issuer $102,876 -953 -14% $107.95 5,963 09 Feb 2023 Direct F1
transaction ASH Common Stock Tax liability $11,551 -107 -1.8% $107.95 5,856 09 Feb 2023 Direct F2
transaction ASH Common Stock Options Exercise $116,850 +1,500 +26% $77.90 7,356 09 Feb 2023 Direct
transaction ASH Common Stock Disposed to Issuer $116,802 -1,082 -15% $107.95 6,274 09 Feb 2023 Direct F1
transaction ASH Common Stock Tax liability $14,573 -135 -2.2% $107.95 6,139 09 Feb 2023 Direct F2

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 Stock Appreciation Right Options Exercise $0 -1,250 -100% $0.000000* 0 09 Feb 2023 Common Stock 1,250 $82.34 Direct F3
transaction ASH Stock Appreciation Right Options Exercise $0 -1,500 -100% $0.000000* 0 09 Feb 2023 Common Stock 1,500 $77.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the shares of common stock for payment of exercise price incident to the exercise of stock appreciation rights (SARs).
F2 This represents the withholding of shares of common stock to satisfy tax withholding liability associated with the exercise of the SARs that are required in this Form 4.
F3 Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.