ASHLAND INC. — Director's Dealing 2017

Apr 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2017-04-10

Reporting Person: Schumann Anne T. (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-10	Common Stock	M	6300	$70.37	Acquired	16573	Direct
2017-04-10	Common Stock	M	2550	$89.69	Acquired	19123	Direct
2017-04-10	Common Stock	M	850	$89.69	Acquired	19973	Direct
2017-04-10	Common Stock	S	1369	$125.07	Disposed	10459	Direct
2017-04-10	Common Stock	S	186	$125.07	Disposed	10273	Direct
2017-04-10	Common Stock	F	4486	$125.07	Disposed	15487	Direct
2017-04-10	Common Stock	F	2074	$125.07	Disposed	13413	Direct
2017-04-10	Common Stock	F	692	$125.07	Disposed	12721	Direct
2017-04-11	Common Stock	S	1814	$126.00	Disposed	10907	Direct
2017-04-11	Common Stock	S	476	$126.00	Disposed	10431	Direct
2017-04-11	Common Stock	S	158	$126.00	Disposed	10273	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-10	Stock Appreciation Right	$70.37	M	6300	Disposed	2022-12-14	Common Stock (6300)	Direct
2017-04-10	Stock Appreciation Right	$89.69	M	2550	Disposed	2023-12-13	Common Stock (2550)	Direct
2017-04-10	Stock Appreciation Right	$89.69	M	850	Disposed	2023-12-13	Common Stock (850)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1308	Indirect

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2017.

F2: Balance includes 5,443 shares of unvested Restricted Stock, of which 33 additional shares were acquired in lieu of cash dividends (exempt pursuant to Rule 16b-3) pursuant to Ashland's plans and applicable restricted stock agreements (17 on December 15, 2016 and 16 on March 15, 2017).

F3: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7 below.

F4: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 8 below.

F5: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 9 below.

F6: Based on Employee Savings Plan information as of April 11, 2017, the latest date for which such information is reasonably available.

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.

F8: 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.

F9: 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.