SEC Filing | Ashland Inc.

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SEC FORM 3 SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Drury Eileen

(Last)

(First)

(Middle)

8145 BLAZER DRIVE

(Street)

WILMINGTON

19808

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/18/2021

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr VP, Human Resources

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	87.145	⁽²⁾	D
Restricted Stock Units	⁽³⁾	⁽³⁾	Common Stock	2,291.405	⁽²⁾	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	943.625	⁽²⁾	D
Stock Appreciation Right	11/14/2013	12/14/2022	Common Stock	1,130	37.37	D
Stock Appreciation Right	11/13/2020	11/13/2029	Common Stock	1,150	77.9	D

Explanation of Responses:

1. Grant of 256.145 Restricted Stock Units on November 13, 2019 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (84) vested on November 13, 2020, the second installment (85) vested on November 13, 2021, and the third installment (87.145) vests on November 13, 2022, provided that the Reporting Person remains in continuous employment with the issuer.

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

3. Grant of Restricted Stock Units on June 12, 2020 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest on June 12, 2023, provided that the Reporting Person remains in continuous employment with the issuer.

4. Grant of 1,413.625 Restricted Stock Units on November 17, 2020 pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (470) vests on November 17, 2021, the second installment (472.079) vests on November 17, 2022, and the third installment (471.546) vests on November 17, 2023, provided that the Reporting Person remains in continuous employment with the issuer.

	/s/ Babatunde Awodiran, Attorney-in-Fact	12/02/2021
	** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

POWER OF ATTORNEY

The undersigned hereby appoints Babatunde Awodiran and
Yvonne Winkler von Mohrenfels, signing singly, his or her true
and lawful attorney-in-fact to:

(1) apply for and obtain on behalf of the undersigned the necessary access
codes to file Forms 3, 4, 5 and 144, pursuant to Section 16(a) of the Securities
Exchange Act of 1934 and Rule 144 of the Securities Act of 1933, respectively,
electronically via the EDGAR system pursuant to Regulation S-T and the rules
thereunder, and

(2) act in a filing agent capacity to perform any and all acts for and on behalf
of the undersigned which may be necessary to complete the filing of any such
Form 3, 4, 5 and 144 with the U.S. Securities and Exchange Commission and
any other authority in accordance with Section 16(a) of the Securitie
Exchange Act of 193

The undersigned hereby grants to the attorney-in-fact the full power and
authority, for me and on my behalf, to perform all acts necessary and proper
to be done in the exercise of the rights and powers hereby granted.

The undersigned acknowledges that the foregoing individual is acting under
this Power of Attorney at the request of the undersigned, and is not assuming
any of the undersigned?s responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934 or Rule 144 of the Securities Act of 1933.

The attorney-in-fact shall be authorized to act under this Power of Attorney
only so long as such attorney-in-fact is an officer of Ashland Global Holdings
Inc., or until such time as this Power of Attorney has been revoked, annulled
or set aside.

This Power of Attorney supersedes any and all powers of attorney previously
granted to the attorney-in-fact with regard to the aforementioned; provided,
however, that any action or actions taken prior hereto pursuant to such
superseded powers shall not be deemed to be unauthorized by virtue of this
document.

IN WITNESS WHEREOF, the undersigned has executed this Power of
Attorney as of this 23rd day of November, 2021.

/s/ Eileen Drury