Swaminathan Ashok Kalyana - Aug 3, 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Sr VP & Gen Mgr, Life Sciences
Signature
/s/ Robin E. Lampkin, Attoney-in-Fact
Stock symbol
ASH
Transactions as of
Aug 3, 2023
Transactions value $
$24,742
Form type
4
Date filed
8/7/2023, 07:00 PM
Previous filing
Dec 12, 2022
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $24.7K +275 +26.49% $89.97 1.31K Aug 3, 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 -275 -16.07% $0.00 1.44K Aug 3, 2023 Common Stock 275 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person elected to pay taxes in cash in lieu of disposing shares.
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 August 3, 2020, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this 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.