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 Greg A. Tipsord 15501 North Dial Boulevard Suite 2212 AZ, Scottsdale 85260-1619 2. Issuer Name and Ticker or Trading Symbol The Dial Corporation (DL) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Day/Year 1/23/2003 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President & General Manager-Personal Cleansing 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. |2A. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Trans-|Exec- |Trans | or Disposed of (D) | Securities |ect | Beneficial Ownership | |action|ution |action| | Beneficially |(D)or | | | | | | | | A/| | Owned Following |Indir | | |Date | Date |Code|V| Amount | D | Price | Reported Trans(s)|ect(I)| | ___________________________________________________________________________________________________________________________________| The Dial Corporation| | | | | | | |7500 1 |D | | Common Stock | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| The Dial Corporation| | |I |V|17.672 |A | |6099.449 2 |I |401(k) Savings Plan | Common Stock (401(K| | | | | | | | | | | ) Stock Holdings) | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| The Dial Corporation| | | | | | | |1408.596421 3 |D | | Common Stock (Emplo| | | | | | | | | | | yee Stock Purchase P| | | | | | | | | | | lan) | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of |2.Con- |3. |3A. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Derivative |version |Trans- |Deemed|Trans-| rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | Security |or Exer |action | |action| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | |Execu-| | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| |ution | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | | |Date |Expir| | |ficially |Ind| | |tive | | | | | A/|Exer-|ation| Title and Number | |Owned Follow|ire| | |Secu- |(Month/|(Month| | | | D |cisa-|Date | of Shares | |ing Reported|ct | | |rity |Day/ |/Day/ |Code|V| Amount | |ble | | | |Trans- |(I)| | | |Year) |Year) | | | | | | | | |action(s) | | | ___________________________________________________________________________________________________________________________________| Options - Rig|14.8438 | | | | | | |4 |03/01|The Dial Cor| | |16300 |D | | ht to Buy | | | | | | | | |/2010|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options - Rig|12.8750 | | | | | | |5 |09/24|The Dial Cor| | |10800 |D | | ht to Buy | | | | | | | | |/2006|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options - Rig|16.7188 | | | | | | |5 |10/27|The Dial Cor| | |4962 |D | | ht to Buy | | | | | | | | |/2007|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options - Rig|28.7188 | | | | | | |5 |12/31|The Dial Cor| | |2000 |D | | ht to Buy | | | | | | | | |/2008|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options - Rig|29.7188 | | | | | | |6 |08/04|The Dial Cor| | |12500 |D | | ht to Buy | | | | | | | | |/2009|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options-Right|13.4688 | | | | | | |4 |01/25|The Dial Cor| | |100000 |D | | To Buy | | | | | | | | |/2011|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1-for-1 | | |J |V|289.22 |D |7 | |The Dial Cor|289.22 | |0.0003582000|D | | Units | | | | | | | | | |poration Com| | |00107445 | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1-for-1 | | |J |V|289.22 |A |7 | |The Dial Cor|289.22 | | |D | | Units | | | | | | | | | |poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1-for-1 |1/23/ 2| |A | |11.6112 |A |8 | |The Dial Cor|11.6112| |5767.8311078|D | | Units | |003 | | | | | | | |poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________| Explanation of Responses: 1. Direct stock ownership of the reporting person consists of 3,000 shares owned outright and 4,500 shares of restricted stock granted pursuant to the 1996 Stock Incentive Plan. The reporting person is not entitled to transfer, sell, pledge, hypothecate or assign any portion of the shares prior to the lapse of certain restrictions: restrictions lapse for 20% of the award on the first anniversary of the grant date, 20% on the second anniversary of the grant date, 20% on the third anniversary of the grant 2. Between January 9, 2003 and January 17, 2003, the reporting person acquired 17.67 shares of The Dial Corporation Common Stock under The Dial Corporation 401(k) Savings Plan. 3. Between October 16, 2002 and January 9, 2003, the reporting person acquired a total of 275.55 shares under The Dial Corporation Employee Stock Purchase Plan. 4. Granted pursuant to the 1996 Stock Incentive Plan. 1/3 of the options vest on the first anniversary of the grant date; 1/3 vest after the second anniversary of the grant date; and the final 1/3 vest after the third anniversary of the grant date. All op tions vest in the event of a change in control. Each option contains a Change in Control Cash-Out whereby, in the event of a change in control, the participant may elect to surrender all or part of the stock option to the Corporation and to receive cash i 5. Granted pursuant to the 1996 Stock Incentive Plan. Options vest 1/3 after the stock price increases 33% over the grant price, 1/3 after the stock price increases 66 2/3%, and the final 1/3 after the stock price doubles with no vesting in less than 12 months. All options vest in the event of a change in control or 5 years from the date of grant. Each option contains a Change in Control Cash-Out whereby, in the event of a change in control, the participant may elect to surrender all or part of the sto ock granted under the stock option. 6. Granted pursuant to the 1996 Stock Incentive Plan. Options vest 1/3 after the stock price increases 20% over grant price, but only if 1 year has passed since grant date; 1/3 after the stock price increases 40%, but only if 2 years have passed since gra nt date; and the final 1/3 after the stock price increases 60%, but only if 3 years have passed since grant date. All options vest in the event of a change in control or 5 years from the grant date. Each option contains a Change in Control Cash-Out whereb exercisable price per share of stock under the stock option multiplied by the number of shares of stock granted under the stock option. 7. Represents discount phantom stock units the reporting person acquired under the Corporation's Management Deferred Compensation Plan which vested at the end of the second plan year following the plan year in which such units were acquired. 8. On January 23, 2003, the reporting person acquired 11.61 phantom stock units at a price of $19.83 as a result of the dividend payment under the Corporations Management Deferred Compensation Plan. SIGNATURE OF REPORTING PERSON Greg A. Tipsord /s/ Dianne B. Stoehr, Attorney-In-Fact