ASHLAND INC. — Director's Dealing 2020

Jan 31, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2020-01-30

Reporting Person: CHONG MIN (Sr VP & Gen Mgr, Spc Additives)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (2606)		Direct
Restricted Stock Units	$		Common Stock (6514)		Direct
Restricted Stock Units	$		Common Stock (934)		Direct
Stock Appreciation Right	$76.76	2030-01-02	Common Stock (4785)		Direct

Footnotes

F1: Grant of 2606 Restricted Stock Units on January 2, 2020, 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 100% three years from the grant date, provided that the Reporting Person remains in continuous employment with the Issuer.

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

F3: Grant of 6514 Restricted Stock Units on January 2, 2020, 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 100% four years from the grant date, provided that the Reporting Person remains in continuous employment with the Issuer.

F4: Grant of 934 Restricted Stock Units on January 2, 2020, 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.

F5: 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.