ASHLAND INC. — Director's Dealing 2018

Nov 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2018-11-15

Reporting Person: WILLIS J KEVIN (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-15	Common Stock	M	1737	$82.34	Acquired	15885	Direct
2018-11-15	Common Stock	F	510	$82.34	Disposed	15375	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-15	Restricted Stock Units	$	M	1737	Disposed		Common Stock (1737)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17710	Indirect
Common Stock	0	Indirect

Footnotes

F1: Balance includes 13,045 unvested shares of Restricted Stock. Balance also includes shares of restricted stock acquired in lieu of cash dividends, 39 shares acquired on December 15, 2017; 41 shares acquired on March 15, 2018; 41 shares acquired on June 15, 2018 and 38 shares acquired on September 15, 2018.

F2: Based on Employee Savings Plan information as of October 31, 2018, the latest date for which such information is reasonably available.

F3: Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017, 170,000,000 shares of Valvoline Inc. ("Valvoline") common stock as a pro rata dividend. As previously reported, in connection with the separation of Ashland and Valvoline, half of Mr. Willis's LESOP account was transferred to Valvoline and was required by law to be sold over time beginning as early as November 30, 2017. Ashland has previously reported such amount of 444 shares as an indirect interest under a trust. Ashland was informed on January 4, 2018, that the trustee sold the Ashland LESOP shares held by Mr. Willis under the Valvoline 401(k) Plan on December 26, 2017 and Mr. Willis therefore no longer owns any Ashland shares in the Valvoline 401(k) Plan trust.

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 also includes shares of restricted stock units acquired in lieu of cash dividends, 32 shares acquired on December 15, 2017; 33 shares acquired on March 15, 2018; 33 shares acquired on June 15, 2018 and 32 shares acquired on September 15, 2018.