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 Conrad A. Conrad 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) Executive Vice President & Chief Financial 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. |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| | | | | | | |12000 |D | | Common Stock | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| The Dial Corporation| | | | | | | |554.216 |I |By 401(k) Savings Plan | Common Stock (401(K| | | | | | | | | | | ) Stock Holdings) | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| The Dial Corporation| | | | | | | |1353.687752 |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|13.9850 | | | | | | |1 |08/31|The Dial Cor| | |50000 |D | | ht To Buy | | | | | | | | |/2003|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Options-Right|13.4688 | | | | | | |2 |01/25|The Dial Cor| | |90000 |D | | To Buy | | | | | | | | |/2011|poration Com| | | | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1-for-1 |1/23/ 2| |A | |67.0688818 |A |3 | |The Dial Cor|67.0689| |5028.9397594|D | | Units | |003 | | | | | | | |poration Com| | |5 | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1-for-1 |1/23/ 2| |A | |268.2803327|A |4 | |The Dial Cor|268.280| |20115.763632|D | | Units | |003 | | | |2 | | | |poration Com|3 | |22 | | | | | | | | | | | | |mon Stock | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________| Explanation of Responses: 1. Granted pursuant to the 1996 Stock Incentive Plan. The options shall vest on August 31, 2001. 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 st ock option to the Corporation and to receive cash in an amount equal to the amount by which the Change in Control Price per share of stock shall exceed the exercisable price per share of stock under the stock option multipled by the number of shares of st 2. 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 3. On January 23, 2003, the reporting person acquired 67.07 discount phantom stock units at a price range of $19.39 to $19.83 as a result of the salary deferral and dividend payments under the Corporation's Management Deferred Compensation Plan, but which vest at the end of the second plan year following the plan year in which such units were acquired. 4. On January 23, 2003, the reporting person acquired 268.28 phantom stock units at a price range of $19.39 to $19.83 as a result of the salary deferral and dividend payments under the Corporation's Management Deferred Compensation Plan. SIGNATURE OF REPORTING PERSON Conrad A. Conrad /s/ Dianne B. Stoehr Attorney-In-Fact