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Filing Details

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
1600587	C Keith Silverman	1005 Route 202/206 Bridgewater NJ 08807	Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-11-19	3,100	$70.37	4,692	No	4	M	Direct
Common Stock	Disposition	2015-11-19	365	$111.89	4,327	No	4	F	Direct
Common Stock	Disposition	2015-11-19	2,367	$111.89	1,960	No	4	F	Direct
Common Stock	Disposition	2015-11-19	733	$111.89	1,227	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Appreciation Right	Disposition	2015-11-19	3,100	$0.00	3,100	$70.37

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2013-11-14	2022-12-14	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	418	Indirect	401(k)

Footnotes

Payment of tax liability by withholding of securities incident to the settlement of LTIP award referenced in Form 4 filed 11-20-2015.
Includes 358 shares of unvested Restricted Stock.
Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 5 below.
Based on Employee Savings Plan information as of November 18, 2015, the latest date for which such information is reasonably available.
Stock Appreciation Right granted pursuant to the Amended and Restated 2011 Ashland Inc. 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.