Filing Details

Accession Number:
0001127602-11-032752
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-12-19 16:21:31
Reporting Period:
2011-12-15
Filing Date:
2011-12-19
Accepted Time:
2011-12-19 16:21:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1305014 Ashland Inc. ASH Wholesale-Chemicals & Allied Products (5160) 200865835
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1097587 M Theodore Solso Cummins, Inc.
One American Square - C0014, Suite 1800
Indianapolis IN 46282
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-12-15 9,975 $42.58 10,975 No 4 M Direct
Common Stock Disposition 2011-12-15 9,975 $54.70 1,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2011-12-15 9,975 $0.00 9,975 $42.58
Common Stock Restricted Stock Units Acquisiton 2011-12-15 66 $54.81 66 $0.00
Common Stock Common Stock Units Acquisiton 2011-12-15 114 $54.81 114 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2005-07-27 2015-02-27 No 4 M Direct
20,693 No 4 J Direct
36,103 No 4 J Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.68 to $54.73, inclusive. The reporting person undertakes to provide to Ashland Inc., any security holder of Ashland Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. Employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's Amended and Restated Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year. The employee stock option includes a tax withholding feature pursuant to the plan.
  3. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
  4. Restricted Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") as of 12-15-11 and exempt from Rule 16b-3. (One (1) Restricted Stock Unit in the Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.)
  5. Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may, prior to vesting, elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.
  6. 1-for-1
  7. Common Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") as of 12-15-2011 and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
  8. Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.