Musa Osama M Form 4 ASHLAND GLOBAL / OSAMA M MUSA ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MUSA OSAMA M

(Last) (First) (Middle)

1005 ROUTE 202/206

(Street)

BRIDGEWATER NJ 08807

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASHLAND GLOBAL HOLDINGS INC [ ASH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr. Vice President

3. Date of Earliest Transaction (Month/Day/Year)
11/16/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/16/2018		M		547	A	$82.3	901	D
Common Stock	11/16/2018		F(1)		188	D	$82.3	713	D
Common Stock	11/19/2018		M		879	A	$80.32	1,592	D
Common Stock	11/19/2018		F(2)		302	D	$80.32	1,290	D
Common Stock	11/19/2018		M		468	A	$80.32	1,758	D
Common Stock	11/19/2018		F(3)		161	D	$80.32	1,597	D
Common Stock	11/19/2018		M		851	A	$80.32	2,448	D
Common Stock	11/19/2018		F(4)		292	D	$80.32	2,156	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(5)	11/16/2018		M			547	(6)	(6)	Common Stock	547	$0	549	D
Restricted Stock Units	(5)	11/19/2018		M			879	(7)	(7)	Common Stock	879	$0	0	D
Restricted Stock Units	(5)	11/19/2018		M			468	(8)	(8)	Common Stock	468	$0	0	D
Restricted Stock Units	(5)	11/19/2018		M			851	(9)	(9)	Common Stock	851	$0	0	D

Explanation of Responses:

1. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 6 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

2. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 7 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

3. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 8 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

4. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 9 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.

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

6. Restricted Stock Units granted on 11/16/16 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant have a vesting schedule of three equal annual installments beginning 1 year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.

7. One third of the Reporting Persons 2016-2018 performance units converted to time-based stock-settled Restricted Stock Units at target and vests three years from the original grant date of 11/18/2015.

8. Restricted Stock Units granted on 11/18/15, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant 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.

9. Two thirds of the Reporting Persons 2016-2018 performance units converted to time-based stock-settled Restricted Stock Units based on performance of the 2016-2018 LTIP Plan and vests three years from the original grant date of 11/18/2015.

	/s/ Jennifer I. Henkel, Attorney-in-Fact	11/20/2018
	** Signature of Reporting Person	Date
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