Robin E. Lampkin - Aug 11, 2023 Form 3 Insider Report for ASHLAND INC. (ASH)

Role
SVP, Gen. Counsel & Secretary
Signature
/s/ Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Aug 11, 2023
Transactions value $
$0
Form type
3
Date filed
8/15/2023, 06:48 PM
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ASH Common Stock 3.13K Aug 11, 2023 Direct

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
holding ASH Stock Appreciation Right Aug 11, 2023 Common Stock 1.05K $82.34 Direct F1
holding ASH Stock Appreciation Right Aug 11, 2023 Common Stock 1.25K $77.90 Direct F2
holding ASH Restricted Stock Units Aug 11, 2023 Common Stock 460 Direct F3, F4
holding ASH Restricted Stock Units Aug 11, 2023 Common Stock 736 Direct F4, F5
holding ASH Restricted Stock Units Aug 11, 2023 Common Stock 680 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock appreciation right granted on November 15, 2018, was exercisable in three annual installments. The first installment (525) became exercisable on November 15, 2019. The second installment (262) became exercisable on November 15, 2020. The third installment (263) became exercisable on November 15, 2021.
F2 This stock appreciation right granted on November 13, 2019, was exercisable in three annual installments. The first installment (625) became exercisable on November 13, 2020. The second installment (312) became exercisable on November 13, 2021. The third installment (313) became exercisable on November 13, 2022.
F3 Grant of Restricted Stock Units on November 17, 2020, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (151) vested on November 17, 2021, the second installment (153) vested on November 17, 2022, and the third installment (156) vests on November 17, 2023, provided that the Reporting Person remains in continuous employment with the issuer.
F4 Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F5 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 Restricted Stock Units vest in three annual installments. The first installment (243) vested on November 18, 2022. The second installment (246) vests on November 17, 2023, and the third installment (247) vests on November 17, 2024, provided that the Reporting Person remains in continuous employment with the issuer.
F6 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 Restricted Stock Units vest in three equal annual installments. The first installment (227) vests on November 17, 2023, the second installment (227) vests on November 17, 2024, and the third installment (226) vests on November 17, 2025, provided that the Reporting Person remains in continuous employment with the issuer.