ASHLAND INC. — Director's Dealing 2017

Oct 31, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2017-09-30

Reporting Person: HEITMAN WILLIAM J (Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8318	Direct
Common Stock	326	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (6594)	6594	Direct

Footnotes

F1: Balance includes 460 shares of unvested Restricted Stock. Also includes 2 additional shares acquired in lieu of cash dividends (exempt pursuant to Rule 16b-3) pursuant to Ashland's incentive plans and applicable restricted stock agreements (1 share acquired on June 15, 2017, and 1 share on September 15, 2017).

F2: Based on Employee Savings Plan information as of September 30, 2017, the latest date for which such information is reasonably available.

F3: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F4: 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.

F5: Balance includes 8 additional Restricted Stock Units acquired in lieu of cash dividends on September 15, 2017. The total includes prior awards that have different vesting and expiration dates.