Ashland Global Holdings Inc.
ASHLAND GLOBAL HOLDINGS INC (Form: 4, Received: 01/04/2018 16:52:12)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WILLIS J KEVIN
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)
Chief Financial Officer
(Last)          (First)          (Middle)

50 E. RIVERCENTER BLVD.
3. Date of Earliest Transaction (MM/DD/YYYY)

1/2/2018
(Street)

COVINGTON, KY 41011
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/2/2018     M (1)    318   A $73.13   14126   (2) D    
Common Stock   1/2/2018     F (3)    98   D $73.13   14028   (2) D    
Common Stock                  16922   (4) I   401(k)  
Common Stock                  444   (5) I   Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Common Stock Units     (6) 1/2/2018     M         318      (7)   (7) Common Stock   318   $0   27901   D    

Explanation of Responses:
(1)  Shares of common stock received in settlement of an equal number of common stock units as described in footnote (7) below.
(2)  Balance includes 12,925 unvested shares of Restricted Stock. Balance also includes 39 shares of Restricted Stock paid in lieu of cash dividends on December 15, 2017.
(3)  Payment of tax liability by withholding securities incident to the conversion of common stock units referenced in footnote (7) below.
(4)  Based on Employee Savings Plan information as of December 31, 2017, the latest date for which such information is reasonably available.
(5)  Shares accrued under third party trust.
(6)  1 for 1.
(7)  The common stock units were converted into shares of common stock pursuant to an election for fixed schedule distributions established by the reporting person under Ashland's Deferred Compensation Plan. Fixed schedule distributions under the Employee Deferral Plan must be made not less than two years measured from the beginning of the plan year after the plan year in which the election is made. Each common stock unit under the Employee Deferral Plan entitles a participant to receive one share of Ashland common stock or the cash value thereof.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WILLIS J KEVIN
50 E. RIVERCENTER BLVD.
COVINGTON, KY 41011


Chief Financial Officer

Signatures
/s/ Jennifer I. Henkel, Attorney-in-Fact 1/4/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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