ASHLAND INC. — Director's Dealing 2018

Nov 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2018-11-16

Reporting Person: Silverman Keith C (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-16	Common Stock	M	193	$82.30	Acquired	3380	Direct
2018-11-16	Common Stock	F	67	$82.30	Disposed	3313	Direct
2018-11-16	Common Stock	M	917	$57.96	Acquired	4230	Direct
2018-11-16	Common Stock	F	741	$81.94	Disposed	3489	Direct
2018-11-16	Common Stock	S	322	$81.57	Disposed	3167	Direct
2018-11-19	Common Stock	M	235	$80.32	Acquired	3402	Direct
2018-11-19	Common Stock	F	81	$80.32	Disposed	3321	Direct
2018-11-19	Common Stock	M	440	$80.32	Acquired	3761	Direct
2018-11-19	Common Stock	F	151	$80.32	Disposed	3610	Direct
2018-11-19	Common Stock	M	848	$59.41	Acquired	4458	Direct
2018-11-19	Common Stock	F	696	$81.84	Disposed	3762	Direct
2018-11-19	Common Stock	S	176	$81.84	Disposed	3586	Direct
2018-11-19	Common Stock	M	426	$80.32	Acquired	4012	Direct
2018-11-19	Common Stock	F	146	$80.32	Disposed	3866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-16	Restricted Stock Units	$	M	193	Disposed		Common Stock (193)	Direct
2018-11-16	Stock Appreciation Right	$57.96	M	917	Disposed	2026-12-16	Common Stock (917)	Direct
2018-11-19	Restricted Stock Units	$	M	235	Disposed		Common Stock (235)	Direct
2018-11-19	Restricted Stock Units	$	M	440	Disposed		Common Stock (440)	Direct
2018-11-19	Stock Appreciation Right	$59.41	M	848	Disposed	2025-12-18	Common Stock (848)	Direct
2018-11-19	Restricted Stock Units	$	M	426	Disposed		Common Stock (426)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1076	Indirect

Footnotes

F1: Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 10 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

F2: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 11 below.

F3: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018.

F4: Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 12 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

F5: Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 13 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

F6: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 14 below.

F7: Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 15 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

F8: Based on Employee Savings Plan information as of October 31, 2018, the latest date for which such information is reasonably available.

F9: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F10: 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.

F11: 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.

F12: 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.

F13: One third of the Reporting Persons 2016-2018 performance units converted to time-based stock-settled Restricted Stock Units at target and vests three years from the original grant date of 11/18/2015.

F14: 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.

F15: Two thirds of the Reporting Persons 2016-2018 performance units converted to time-based stock-settled Restricted Stock Units based on performance of the 2016-2018 LTIP Plan and vests three years from the original grant date of 11/18/2015.