ASHLAND INC. — Director's Dealing 2016

Nov 11, 2016

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2016-09-30

Reporting Person: MITCHELL SAMUEL J (Former Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-17	Common Stock	G	4000	—	Disposed	25009	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1913	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units	$0		Common Stock (34469)	34469	Direct
Restricted Stock Units	$		Common Stock (1672)	1672	Direct

Footnotes

F1: Includes 9,689 shares of unvested Restricted Stock, of which 130 shares were paid in lieu of cash dividends (exempt pursuant to Rule 16b-3) pursuant to Ashland's incentive plans and applicable restricted stock agreements (35 shares were paid on December 15, 2015; 35 shares were paid on March 15, 2016; 30 shares were paid on June 15, 2016; and 30 shares were paid on September 15, 2016).

F2: Based on Employee Savings Plan information as of October 31, 2016, the latest date for which such information is reasonably available.

F3: 1-for-1

F4: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's in-service distribution election, retirement or other termination.

F5: Balance includes 439 additional Common Stock Unites acquired in lieu of cash dividends pursuant to Ashland's Deferred Compensation Plan (the "Plan") and exempt under Rule 16b-3 (116 on December 15, 2015, 117 on March 15, 2016, 105 on June 15, 2016 and 101 on September 15, 2016).

F6: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F7: Grant of Restricted Stock Units, pursuant to the Amended and Restated 2015 Ashland Inc. Incentive Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.

F8: Balance includes 22 additional Restricted Stock Units acquired in lieu of cash dividends (6 on December 15, 2015, 6 on March 15, 2016, 5 on June 15, 2016 and 5 on September 15, 2016).