-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LElGjUNlsYk03l9q5IxBHmfL8GlW1qzLl0+AN6Fltzs845HOBN7IWbqSD3/IZf43 ZoQeZJznGSeF+r+tz4jHQw== 0000007694-97-000179.txt : 19971014 0000007694-97-000179.hdr.sgml : 19971014 ACCESSION NUMBER: 0000007694-97-000179 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970930 FILED AS OF DATE: 19971010 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ASHLAND INC CENTRAL INDEX KEY: 0000007694 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 610122250 STATE OF INCORPORATION: KY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-02918 FILM NUMBER: 97693688 BUSINESS ADDRESS: STREET 1: 1000 ASHLAND DRIVE CITY: RUSSELL STATE: KY ZIP: 41169 BUSINESS PHONE: 6063293333 MAIL ADDRESS: STREET 1: P O BOX 391 CITY: ASHLAND STATE: KY ZIP: 41101 FORMER COMPANY: FORMER CONFORMED NAME: ASHLAND OIL INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ASHLAND OIL & REFINING CO DATE OF NAME CHANGE: 19700806 COMPANY DATA: COMPANY CONFORMED NAME: CHELLGREN PAUL W CENTRAL INDEX KEY: 0001023533 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: PO BOX 391 CITY: ASHLAND STATE: KY ZIP: 41114 BUSINESS PHONE: 6063293333 MAIL ADDRESS: STREET 1: C/O ASHLAND INC STREET 2: 1000 ASHLAND DRIVE PO BOX 391 CITY: RUSSELL STATE: KY ZIP: 41169 4 1 FORM 4 - SEPTEMBER 30, 1997 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Chellgren, Paul W. 1000 Ashland Drive Russell, KY 41169 2. Issuer Name and Ticker or Trading Symbol Ashland Inc. ASH 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year September 30, 1997 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chief Executive Officer 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock | | | | | | |10,217 (1) |I |By Trustee | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | |12,479 (2) |I |By Trustee | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |9-18-9|A | |10,000 |A |$1.00 |60,000 (3) |D | | |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | |26,519 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Option (4) |35.625 | | | | | |9-15-|10-15|Common Stock|4,375 | |4,375 |D | | | | | | | | |89 |-98 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |35.625 | | | | | |9-15-|10-15|Common Stock|4,375 | |4,375 |D | | | | | | | | |90 |-98 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |35.625 | | | | | |9-15-|10-15|Common Stock|4,375 | |4,375 |D | | | | | | | | |91 |-98 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |35.625 | | | | | |9-15-|10-15|Common Stock|4,375 | |4,375 |D | | | | | | | | |92 |-98 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |41.00 | | | | | |9-21-|10-21|Common Stock|6,250 | |6,250 |D | | | | | | | | |90 |-99 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |41.00 | | | | | |9-21-|10-21|Common Stock|6,250 | |6,250 |D | | | | | | | | |91 |-99 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |41.00 | | | | | |9-21-|10-21|Common Stock|6,250 | |6,250 |D | | | | | | | | |92 |-99 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |41.00 | | | | | |9-21-|10-21|Common Stock|6,250 | |6,250 |D | | | | | | | | |93 |-99 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |30.750 | | | | | |9-20-|10-20|Common Stock|6,250 | |6,250 |D | | | | | | | | |91 |-00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |30.750 | | | | | |9-20-|10-20|Common Stock|6,250 | |6,250 |D | | | | | | | | |92 |-00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |30.750 | | | | | |9-20-|10-20|Common Stock|6,250 | |6,250 |D | | | | | | | | |93 |-00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |30.750 | | | | | |9-20-|10-20|Common Stock|6,250 | |6,250 |D | | | | | | | | |94 |-00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |30.50 | | | | | |9-19-|10-19|Common Stock|12,500 | |12,500 |D | | | | | | | | |92 |-01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |30.50 | | | | | |9-19-|10-19|Common Stock|6,250 | |6,250 |D | | | | | | | | |93 |-01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |30.50 | | | | | |9-19-|10-19|Common Stock|6,250 | |6,250 |D | | | | | | | | |94 |-01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |23.875 | | | | | |9-21-|10-21|Common Stock|15,000 | |15,000 |D | | | | | | | | |93 |-02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |23.875 | | | | | |9-21-|10-21|Common Stock|7,500 | |7,500 |D | | | | | | | | |94 |-02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |23.875 | | | | | |9-21-|10-21|Common Stock|7,500 | |7,500 |D | | | | | | | | |95 |-02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |24.625 | | | | | |11-5-|12-5-|Common Stock|12,500 | |12,500 |D | | | | | | | | |93 |02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |24.625 | | | | | |11-5-|12-5-|Common Stock|6,250 | |6,250 |D | | | | | | | | |94 |02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |24.625 | | | | | |11-5-|12-5-|Common Stock|6,250 | |6,250 |D | | | | | | | | |95 |02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (5) |33.125 | | | | | |9-16-|10-16|Common Stock|20,000 | |20,000 |D | | | | | | | | |94 |-03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |33.125 | | | | | |9-16-|10-16|Common Stock|10,000 | |10,000 |D | | | | | | | | |95 |-03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |33.125 | | | | | |9-16-|10-16|Common Stock|10,000 | |10,000 |D | | | | | | | | |96 |-03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (6) |35.875 | | | | | |9-15-|10-15|Common Stock|20,000 | |20,000 |D | | | | | | | | |95 |-04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |35.875 | | | | | |9-15-|10-15|Common Stock|10,000 | |10,000 |D | | | | | | | | |96 |-04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |35.875 | | | | | |9-15-|10-15|Common Stock|10,000 | |10,000 |D | | | | | | | | |97 |-04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (6) |33.875 | | | | | |9-21-|10-21|Common Stock|20,000 | |20,000 |D | | | | | | | | |96 |-05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |33.875 | | | | | |9-21-|10-21|Common Stock|10,000 | |10,000 |D | | | | | | | | |97 |-05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |33.875 | | | | | |9-21-|10-21|Common Stock|10,000 | |10,000 |D | | | | | | | | |98 |-05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option (6) |39.00 | | | | | |9-19-|10-19|Common Stock|25,000 | |25,000 |D | | | | | | | | |97 |-06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |39.00 | | | | | |9-19-|10-19|Common Stock|12,500 | |12,500 |D | | | | | | | | |98 |-06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| |39.00 | | | | | |9-19-|10-19|Common Stock|12,500 | |12,500 |D | | | | | | | | |99 |-06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Units (7)|1-for-1 | | | | | | | |Common Stock|18,501 | |18,501 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: 1. Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as of 3-31-96, the date of the final allocation to this account. 2. Based on Employee Savings Plan information as of 10-1-97, the latest date for which such information is reasonably available, and includes transactions occurring on or after 7-25-97. 3. Shares of restricted common stock granted pursuant to Ashland's 1993 Stock Incentive Plan and exempt under Rule 16b-3. The restricted common stock has been enrolled in Ashland's Dividend Reinvestment Plan. 4. Employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's Amended Stock Incentive Plan. The employee stock option includes a tax withholding feature pursuant to the plan. 5. Employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's Long-Term Incentive Plan. The employee stock option includes a tax withholding feature pursuant to the plan. 6. Employee stock option (represents a right to buy Ashland Common Stock) granted pursuant to Ashland's 1993 Stock Incentive Plan. The employee stock option includes a tax withholding feature pursuant to the plan. 7. Common Stock Units acquired pursuant to Ashland's 1995 Deferred Compensation Plan as of 6-30-97 and includes transactions occurring on or after 3-31-97, payable in cash or stock upon termination of service and exempt under Rule 16b-3(d). SIGNATURE OF REPORTING PERSON Paul W. Chellgren -----END PRIVACY-ENHANCED MESSAGE-----