ASHLAND INC. — Director's Dealing 2016

Oct 28, 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: TEAL JANICE (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units	$		Common Stock (2980)	2980	Direct
Restricted Stock Units	$		Common Stock (5053)	5053	Direct

Footnotes

F1: 1 for 1

F2: 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 separation from service as a director.

F3: Balance includes 42 additional Common Stock Units acquired in lieu of cash dividends (11 on December 15, 2015, 11 on March 15, 2016, 11 on June 15, 2016 and 9 on September 15, 2016) pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock).

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

F5: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the reporting person may elect to receive the Restricted Stock Units in Common Stock or cash upon separation from service as a director.

F6: Balance includes 53 additional Restricted Stock Units acquired in lieu of cash dividends (19 on March 15, 2016, 17 on June 15, 2016 and 17 on September 15, 2016) pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. One (1) Restricted Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock).