JAY V. IHLENFELD - 24 Jan 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Director
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
24 Jan 2023
Transactions value $
$149,945
Form type
4
Filing time
26 Jan 2023, 16:31:34 UTC
Previous filing
16 Nov 2022
Next filing
16 May 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 $149,945 +1,365 +15.73% $109.85 10,043 24 Jan 2023 Common Stock 1,365 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F2 Grant of stock settled Restricted Stock Units granted under Ashland Omnibus Incentive Plan and under Ashland Inc. Independent Director Deferred Compensation Program dated November 17, 2022. The Restricted Stock Units will vest one year after date of grant. One (1) Restricted Stock Units in the Ashland Inc. Independent Director Deferred Compensation Program is the equivalent of one (1) share of Ashland Common Stock.
F3 Balance includes 8678 Restricted Stock Units mandatorily deferred pursuant to the Ashland's Deferred Compensation Plan for Non-Employee Directors. Balance also includes 32 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2022, 31 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2022, 32 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2022 and 29 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2022.