ASHLAND INC. — Director's Dealing 2018

Jan 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2018-01-25

Reporting Person: PERRY BARRY W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-25	Restricted Stock Units	$	A	1453	Acquired		Common Stock (1453)	Direct
2018-01-25	Restricted Stock Units	$	I	1261	Disposed		Common Stock (1261)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F2: Grant of deferred Restricted Stock Units pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, and exempt under Rule 16b-3. The Restricted Stock Units will vest one year after date of grant. (One (1) Restricted Stock Unit in the Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.)

F3: Balance includes 177 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2017, pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors and exempt under Rule 16b-3. One (1) Restricted Stock Unit is the equivalent of one (1) share of Ashland Common Stock.

F4: Intra-Plan transfer out of the Ashland Common Stock fund pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Restricted Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)

F5: Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Restricted Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.