ASHLAND INC. — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND GLOBAL HOLDINGS INC (ASH)
CIK: 0001674862
Period of Report: 2020-01-02

Reporting Person: NOVO GUILLERMO (Director, Chairman and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Restricted Stock Units	$	A	13679	Acquired		Common Stock (13679)	Direct
2020-01-02	Stock Appreciation Right	$76.76	A	70047	Acquired	2030-01-02	Common Stock (70047)	Direct

Footnotes

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

F2: 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.

F3: 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.