IHLENFELD JAY V

SEC source: 0001306830-26-000064 · wk-form4_1773261759.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,241.119

Underlying: Common Stock · 6.06 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan.

SEC source: 0001306830-25-000235 · wk-form4_1763068929.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,235.059

Underlying: Common Stock · 7.84 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-25-000184 · wk-form4_1755116653.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,227.219

Underlying: Common Stock · 6.47 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-25-000117 · wk-form4_1747167652.xml · derivative · entry 2

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,220.749

Underlying: Common Stock · 5.62 shares

Expires not disclosed

F2 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F3 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F3 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-25-000117 · wk-form4_1747167652.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,850

F1 · shares: Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-25-000062 · wk-form4_1741896692.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,215.129

Underlying: Common Stock · 5.61 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-24-000192 · wk-form4_1731705691.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,209.519

Underlying: Common Stock · 95.67 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-24-000163 · wk-form4_1723668158.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,113.849

Underlying: Common Stock · 56.237 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-24-000134 · wk-form4_1715978157.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,474

F1 · shares: Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-24-000115 · wk-form4_1715721903.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,057.612

Underlying: Common Stock · 43.745 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-24-000062 · wk-form4_1709847947.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,013.867

Underlying: Common Stock · 46.023 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-23-000173 · wk-form4_1700082999.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,967.844

Underlying: Common Stock · 58.857 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-23-000138 · wf-form4_169213196437084.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,908.987

Underlying: Common Stock · 55.49 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-23-000107 · wf-form4_168426917078671.xml · derivative · entry 3

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,853.497

Underlying: Common Stock · 65.119 shares

Expires not disclosed

F2 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F3 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F3 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-23-000107 · wf-form4_168426917078671.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,360

F1 · shares: Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-23-000107 · wf-form4_168426917078671.xml · derivative · entry 2

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,788.378

Underlying: Common Stock · 57.885 shares

Expires not disclosed

F2 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F3 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F3 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001127602-23-002335 · form4.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,043

Underlying: Common Stock · 1,365 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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_after: 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.

SEC source: 0001306830-22-000195 · wf-form4_166865206818326.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,730.493

Underlying: Common Stock · 64.44 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-22-000155 · wf-form4_166007729734254.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,666.053

Underlying: Common Stock · 58.86 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-22-000126 · wf-form4_165273606333708.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,607.193

Underlying: Common Stock · 46.764 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-22-000112 · wf-form4_165178375924733.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,583

F1 · shares: Annual grant of restricted stock units pursuant to the Company's 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-22-000069 · wf-form4_164695092083779.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,560.429

Underlying: Common Stock · 48.307 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001127602-22-002070 · form4.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,553

Underlying: Common Stock · 1,139 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.

F2 · derivative.exercise_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F2 · derivative.expiration_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F3 · balance_after: Balance includes 27 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2021; 26 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2021; 27 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2021; 25 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2021.

SEC source: 0001306830-21-000217 · wf-form4_163710083868914.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,512.122

Underlying: Common Stock · 38.479 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-21-000173 · wf-form4_162871417632605.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,473.643

Underlying: Common Stock · 40.985 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-21-000134 · wf-form4_162085074962255.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,432.658

Underlying: Common Stock · 38.207 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-21-000113 · wf-form4_161972729980317.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,485

F1 · shares: Annual grant of restricted stock units pursuant to the Company's 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-21-000059 · wf-form4_161428798751272.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,394.451

Underlying: Common Stock · 46.413 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001127602-21-002815 · form4.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,309

Underlying: Common Stock · 1,319 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.

F2 · derivative.exercise_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F2 · derivative.expiration_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F3 · balance_after: Balance includes 27 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2020; 28 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2020; 25 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2020; 25 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2020.

SEC source: 0001306830-20-000214 · wf-form4_160530222279282.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,348.038

Underlying: Common Stock · 45.103 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-20-000175 · wf-form4_159709051571054.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,302.935

Underlying: Common Stock · 57.916 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-20-000139 · wf-form4_158896877143499.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,245.019

Underlying: Common Stock · 70.791 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-20-000126 · wf-form4_158862361656211.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,510

F1 · shares: Annual grant of restricted stock units pursuant to the Company's 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-20-000066 · wf-form4_158318323132015.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,174.228

Underlying: Common Stock · 60.28 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001127602-20-003174 · form4.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,226

Underlying: Common Stock · 1,449 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F2 · derivative.exercise_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F2 · derivative.expiration_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F3 · balance_after: Balance includes 15 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2019, 16 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2019, 16 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2019, and 18 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2019.

SEC source: 0001127602-20-004843 · form4a.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,885

Underlying: Common Stock · 2,108 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.

F2 · shares: Due to administrative error, an incorrect number of RSUs was reported. Actual RSUs granted were 2,108 with same grant date and same grant price as previously disclosed.

F3 · derivative.exercise_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F3 · derivative.expiration_date: Grant of stock-settled Restricted Stock Units granted under Ashland's Omnibus Incentive Plan and deferred under Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F2 · derivative.underlying_shares: Due to administrative error, an incorrect number of RSUs was reported. Actual RSUs granted were 2,108 with same grant date and same grant price as previously disclosed.

F4 · balance_after: Balance includes 15 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2019, 16 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2019, 16 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2019, and 18 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2019.

SEC source: 0001306830-19-000201 · wf-form4_157359282954569.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,113.948

Underlying: Common Stock · 44.719 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-19-000175 · wf-form4_156512203622066.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,069.229

Underlying: Common Stock · 54.166 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-19-000140 · wf-form4_155777816100997.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,015.063

Underlying: Common Stock · 53.63 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-19-000117 · wf-form4_155656885294931.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,661

F1 · shares: Annual grant of restricted stock units pursuant to the Company's 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.

SEC source: 0001306830-19-000096 · wf-form4_155605203862574.xml · derivative · entry 2

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,961.433

Underlying: Common Stock · 1,372 shares

Expires not disclosed

F2 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F3 · derivative.exercise_date: As provided in the 2008 Deferred Compensation Plan, the reported phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations.

F3 · derivative.expiration_date: As provided in the 2008 Deferred Compensation Plan, the reported phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations.

SEC source: 0001306830-19-000096 · wf-form4_155605203862574.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,257

F1 · price: Upon vesting of 1,372 Restricted Stock Units granted to the reporting person on April 20, 2018, the reporting person deferred the receipt of 1,372 shares of Common Stock and received instead 1,372 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan. As a result, the reporting person is reporting the disposition of 1,372 shares of Common Stock in exchange for an equal number of shares of phantom stock.

SEC source: 0001306830-19-000057 · wf-form4_155182027693821.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,589.433

Underlying: Common Stock · 39.658 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001127602-19-005329 · form4.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,709

Underlying: Common Stock · 1,413 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F2 · derivative.exercise_date: Grant of deferred Restricted Stock Units pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F2 · derivative.expiration_date: Grant of deferred Restricted Stock Units pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (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.)

F3 · balance_after: Balance includes 10 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2018, 10 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2018, 10 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2018 and 11 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2018, pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, exempt under Rule 16b-3.

SEC source: 0001306830-18-000251 · wf-form4_154211662316927.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,549.775

Underlying: Common Stock · 38.658 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-18-000185 · wf-form4_153367379436462.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,511.117

Underlying: Series A Common Stock · 34.625 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Series A Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Series A Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Series A Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-18-000142 · wf-form4_152633223419357.xml · derivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,476.492

Underlying: Series A Common Stock · 36.656 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Series A Common Stock.

F2 · derivative.exercise_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Series A Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

F2 · derivative.expiration_date: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Series A Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.

SEC source: 0001306830-18-000125 · wf-form4_152460254865737.xml · derivative · entry 3

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,439.836

Underlying: Series A Common Stock · 1,601 shares

Expires not disclosed

F3 · derivative.exercise_price: Each share of phantom stock represents the right to receive one share of Series A Common Stock.

F4 · derivative.exercise_date: As provided in the 2008 Deferred Compensation Plan, on the earlier date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company, the reported phantom stock becomes payable in shares of Series A Common Stock subject to certain limitations.

F4 · derivative.expiration_date: As provided in the 2008 Deferred Compensation Plan, on the earlier date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company, the reported phantom stock becomes payable in shares of Series A Common Stock subject to certain limitations.

SEC source: 0001306830-18-000125 · wf-form4_152460254865737.xml · nonDerivative · entry 2

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,629

F2 · price: Upon vesting of 1,601 Restricted Stock Units granted to the reporting person on April 20, 2017, the reporting person deferred the receipt of 1,601 shares of Series A Common Stock and received instead 1,601 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan. As a result, the reporting person is reporting the disposition of 1,601 shares of Series A Common Stock in exchange for an equal number of shares of phantom stock.

SEC source: 0001306830-18-000125 · wf-form4_152460254865737.xml · nonDerivative · entry 1

IHLENFELD JAY V · CIK 0001205395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,230

F1 · shares: Annual grant of restricted stock units pursuant to the Company's 2009 Global Incentive Plan, as amended and restated. The restricted stock units vest in full on the one-year anniversary of the date of the grant. The reporting person has elected that upon vesting of the restricted stock units, receipt of the shares of Series A Common Stock be deferred under the Company's 2008 Deferred Compensation Plan; accordingly, upon vesting, the reporting person will instead receive an equal number of shares of phantom stock. As provided in the Company's 2008 Deferred Compensation Plan, the phantom stock becomes payable in shares of Series A Common Stock upon the earlier of the date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company.