0000007694-01-500067.txt : 20011128
0000007694-01-500067.hdr.sgml : 20011128
ACCESSION NUMBER: 0000007694-01-500067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20011031
FILED AS OF DATE: 20011107
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ASHLAND INC
CENTRAL INDEX KEY: 0000007694
STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
IRS NUMBER: 610122250
STATE OF INCORPORATION: KY
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-02918
FILM NUMBER: 1777002
BUSINESS ADDRESS:
STREET 1: 50 E. RIVERCENTER BOULEVARD
CITY: COVINGTON
STATE: KY
ZIP: 41012
BUSINESS PHONE: 6068153333
MAIL ADDRESS:
STREET 1: 50 E. RIVERCENTER BOULEVARD
CITY: COVINGTON
STATE: KY
ZIP: 41012
FORMER COMPANY:
FORMER CONFORMED NAME: ASHLAND OIL & REFINING CO
DATE OF NAME CHANGE: 19700806
FORMER COMPANY:
FORMER CONFORMED NAME: ASHLAND OIL INC
DATE OF NAME CHANGE: 19920703
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
edgar.txt
FORM 4 - OCTOBER 31, 2001
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.
50 E. RiverCenter Boulevard
Covington, KY 41012
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
October 31, 2001
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 | | | | | | |10,817 (1) |I |By Trustee |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | | |72,504 (2) |I |By Trustee |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | | |60,000 (3) |D | |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | | |7,538 (4) |D | |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |10-26-|F (5| |2,901 |D |$41.150 | | | |
|01 |) | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |10-26-|M | |5,000 |A |$23.875 | | | |
|01 | | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |10-26-|F (6| |734 |D |41.150 |30,374 |D | |
|01 |) | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
___________________________________________________________________________________________________________________________________
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 (7) |23.875 |10-26|M | |5,000 |D |9-21-|10-21|Common Stock|15,000 | |0 |D | |
| |-01 | | | | |93 |-02 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|23.875 | | | | | |9-21-|10-21|Common Stock|7,500 | |2,500 |D | |
| | | | | | |94 |-02 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|23.875 | | | | | |9-21-|10-21|Common Stock|7,500 | |7,500 |D | |
| | | | | | |95 |-02 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (7) |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 (7) |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 (8) |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 (8) |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 (8) |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 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |53.375 | | | | | |9-18-|10-18|Common Stock|10,000 | |10,000 |D | |
| | | | | | |98 |-07 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|53.375 | | | | | |9-18-|10-18|Common Stock|10,000 | |10,000 |D | |
| | | | | | |99 |-07 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|53.375 | | | | | |9-18-|10-18|Common Stock|10,000 | |10,000 |D | |
| | | | | | |00 |-07 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |53.375 | | | | | |9-18-|10-18|Common Stock|5,000 | |5,000 |I (|By Daughter |
| | | | | | |98 |-07 | | | | |10)| |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |53.375 | | | | | |9-18-|10-18|Common Stock|5,000 | |5,000 |I (|By Son |
| | | | | | |98 |-07 | | | | |11)| |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |48.00 | | | | | |9-17-|10-17|Common Stock|20,000 | |20,000 |D | |
| | | | | | |99 |-08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|48.00 | | | | | |9-17-|10-17|Common Stock|10,000 | |10,000 |D | |
| | | | | | |00 |-08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|48.00 | | | | | |9-17-|10-17|Common Stock|10,000 | |10,000 |D | |
| | | | | | |01 |-08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |50.4375 | | | | | |11-5-|12-5-|Common Stock|20,000 | |20,000 |D | |
| | | | | | |99 |08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|50.4375 | | | | | |11-5-|12-5-|Common Stock|10,000 | |10,000 |D | |
| | | | | | |00 |08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|50.4375 | | | | | |11-5-|12-5-|Common Stock|10,000 | |10,000 |D | |
| | | | | | |01 |08 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (9) |36.625 | | | | | |9-16-|10-16|Common Stock|60,000 | |60,000 |D | |
| | | | | | |00 |-09 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|36.625 | | | | | |9-16-|10-16|Common Stock|60,000 | |60,000 |D | |
| | | | | | |01 |-09 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|36.625 | | | | | |9-16-|10-16|Common Stock|60,000 | |60,000 |D | |
| | | | | | |02 |-09 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|36.625 | | | | | |9-16-|10-16|Common Stock|60,000 | |60,000 |D | |
| | | | | | |03 |-09 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Option (12) |36.38 | | | | | |9-20-|10-20|Common Stock|60,000 | |60,000 |D | |
| | | | | | |02 |-11 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|36.38 | | | | | |9-20-|10-20|Common Stock|30,000 | |30,000 |D | |
| | | | | | |03 |-11 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
|36.38 | | | | | |9-20-|10-20|Common Stock|30,000 | |30,000 |D | |
| | | | | | |04 |-11 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Common Stock Units (13|1-for-1 | |J | |54 |A | | |Common Stock|54 | |866 |D | |
) | | | | | | | | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | | | | | | | | | |
___________________________________________________________________________________________________________________________________|
Explanation of Responses:
1. Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as
of 10-31-01.
2. Based on Employee Savings Plan information as of 11-2-01, the latest date
for which such information is reasonably available, and includes transactions
occurring after 9-30-01.
3. Shares of restricted common stock granted pursuant to Ashland's 1997 Stock
Incentive Plan and exempt under Rule 16b-3. The restricted common stock has
been enrolled in Ashland's Open
Enrollment Dividend Reinvestment and Stock Purchase
Plan.
4. Shares held in Ashland's Open Enrollment Dividend Reinvestment and Stock
Purchase Plan as of 9-15-01.
5. Shares surrendered in payment of option exercise
price.
6. Withholding of shares to satisfy tax withholding
obligation.
7. 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.
8. 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.
9. Employee stock option (represents a right to buy Ashland Common Stock)
granted pursuant to Ashland's 1997 Stock Incentive Plan. The employee stock
option includes a tax withholding
feature pursuant to the
plan.
10. I hereby disclaim beneficial ownership of all securities owned by my
daughter, Jane Chellgren.
11. I hereby disclaim beneficial ownership of all securities owned by my son,
Matthew Chellgren.
12. Employee stock option (represents a right to buy Ashland Common Stock)
granted pursuant to Ashland's Amended and Restated Incentive Plan. The
employee stock option includes a tax
withholding feature pursuant to the
plan.
13. Common Stock Units acquired pursuant to Ashland's 1995 Deferred
Compensation Plan as of 10-1-01 and includes transactions after 9-30-01, and
exempt under Rule 16b-3(d). The price of
the Common Stock Units on the applicable valuation dates ranged from $39.910 -
$40.180. (One (1) Common Stock Unit in the 1995 Deferred Compensation Plan
is the equivalent of one (1) share
of Ashland Common
Stock)
SIGNATURE OF REPORTING PERSON
Paul W. Chellgren
DATE
November 7, 2001