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: Schumann Anne T. (Senior Vice President)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units	$		Common Stock (1173)	1173	Direct
Restricted Stock Units	$		Common Stock (7761)	7761	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 in-service distribution election, retirement or other termination.

F3: Balance includes 6 additional Common Stock Units acquired in lieu of cash dividends (2 on June 15, 2017 and 4 on September 15, 2017).

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 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.

F6: Balance includes 19 additional Restricted Stock Units acquired in lieu of cash dividends (9 on June 15, 2017, and 10 on September 15, 2017). The total includes prior awards that have different vesting and expiration dates.