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: WILLIS J KEVIN (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11307	Direct
Common Stock	15646	Indirect
Common Stock	887	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (3092)	3092	Direct
Common Stock Units	$		Common Stock (14976)	14976	Direct

Footnotes

F1: Balance includes 67 additional shares of Restricted Common Stock acquired in lieu of cash dividends (32 on June 15, 2016 and 35 on September 15, 2016). Balance now includes 11,076 shares of unvested Restricted Stock.

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

F3: Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as of October 31, 2016.

F4: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F5: 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.

F6: Balance includes 42 additional Restricted Stock Units acquired in lieu of cash dividends (11 on December 15, 2015, 11 on March 15, 2016, 10 on June 15, 2016 and 10 on September 15, 2016).

F7: 1 for 1.

F8: 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.

F9: Balance includes 156 additional Common Stock Units acquired in lieu of cash dividends pursuant to Ashland's Deferred Compensation Plan (the "Plan") and exempt under Rule 16b-3 (57 on March 15, 2016, 50 on June 15, 2016 and 49 on September 15, 2016). One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.