ASHLAND INC. — Director's Dealing 2018

Sep 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2018-09-17

Reporting Person: Silverman Keith C (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-17	Common Stock	M	2825	$47.63	Acquired	4183	Direct
2018-09-17	Common Stock	M	2730	$59.95	Acquired	6913	Direct
2018-09-17	Common Stock	M	2542	$59.41	Acquired	9455	Direct
2018-09-17	Common Stock	M	1836	$57.96	Acquired	11291	Direct
2018-09-17	Common Stock	F	2000	$84.61	Disposed	9291	Direct
2018-09-17	Common Stock	F	2184	$84.61	Disposed	7107	Direct
2018-09-17	Common Stock	F	2023	$84.61	Disposed	5084	Direct
2018-09-17	Common Stock	F	1440	$84.61	Disposed	3644	Direct
2018-09-18	Common Stock	S	2286	$84.71	Disposed	1358	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-17	Stock Appreciation Right	$47.63	M	2825	Disposed	2023-12-13	Common Stock (2825)	Direct
2018-09-17	Stock Appreciation Right	$59.95	M	2730	Disposed	2024-12-12	Common Stock (2730)	Direct
2018-09-17	Stock Appreciation Right	$59.41	M	2542	Disposed	2025-12-18	Common Stock (2542)	Direct
2018-09-17	Stock Appreciation Right	$57.96	M	1836	Disposed	2026-12-16	Common Stock (1836)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1067	Indirect

Footnotes

F1: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7 below.

F2: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 8 below.

F3: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 9 below.

F4: Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 10 below.

F5: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018.

F6: Based on Employee Savings Plan information as of September 17, 2018, the latest date for which such information is reasonably available.

F7: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. 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: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. 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: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. 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.

F10: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2018. 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.