ASHLAND INC. — Director's Dealing 2019

Nov 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2019-11-13

Reporting Person: MUSA OSAMA M (Sr. Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-13	Stock Appreciation Right	$77.90	A	12200	Acquired	2029-11-13	Common Stock (12200)	Direct
2019-11-13	Restricted Stock Units	$	A	2450	Acquired		Common Stock (2450)	Direct

Footnotes

F1: 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.

F2: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F3: 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.

F4: Balance includes 69 additional Restricted Stock Units acquired in lieu of cash dividends (34 on June 15, 2019 and 35 on September 15, 2019). The total includes prior awards that have different vesting and expiration dates.