ASHLAND INC. — Director's Dealing 2017

Jan 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2016-12-30

Reporting Person: WILLIS J KEVIN (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-30	Common Stock	M	172	$109.29	Acquired	4563	Direct
2016-12-30	Common Stock	F	54	$109.29	Disposed	4509	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-30	Common Stock Units	$	M	172	Disposed		Common Stock (172)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15714	Indirect
Common Stock	887	Indirect

Footnotes

F1: Shares of common stock received in settlement of an equal number of common stock units as described in footnote (7) below.

F2: Payment of tax liability by withholding securities incident to the conversion of common stock units referenced in footnote (7) below.

F3: Includes 3,637 shares of unvested Restricted Stock.

F4: Based on Employee Savings Plan information as of December 30, 2016, the latest date for which such information is reasonably available.

F5: Shares accrued under Ashland's Leveraged Employee Stock Ownership Plan as of December 30, 2016.

F6: 1 for 1.

F7: The common stock units were converted into shares of common stock pursuant to an election for fixed schedule distributions established by the reporting person under Ashland's Deferred Compensation Plan. Fixed schedule distributions under the Employee Deferral Plan must be made not less than two years measured from the beginning of the plan year after the plan year in which the election is made. Each common stock unit under the Employee Deferral Plan entitles a participant to receive one share of Ashland common stock or the cash value thereof.

F8: Balance includes 52 additional Common Stock Units acquired in lieu of cash dividends paid on December 15, 2016 pursuant to Ashland's Deferred Compensation Plan (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.