ASHLAND INC. — Director's Dealing 2017

Nov 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2017-11-15

Reporting Person: WILLIS J KEVIN (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-15	Common Stock	S	1352	$66.23	Disposed	26808	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-15	Restricted Stock Units	$	A	5150	Acquired		Common Stock (5150)	Direct
2017-11-15	Stock Appreciation Right	$67.16	A	28450	Acquired	2027-12-15	Common Stock (28450)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16878	Indirect
Common Stock	444	Indirect

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2017.

F2: Balance includes 17,773 shares of unvested Restricted Stock.

F3: Based on Employee Savings Plan information as of September 30, 2017, the latest date for which such information is reasonably available.

F4: Shares accrued under third party trust as of September 30, 2017.

F5: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F6: Grant of Restricted Stock Units, pursuant to Ashland's 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.

F7: Stock Appreciation Right granted pursuant to Ashland's incentive plan which vests in three annual installments: 50% after the first year, the next 25% the second year and the remaining 25% the third year.