Form 4 Silverman Keith C

4 - Statement of changes in beneficial ownership of securities

Published: 2016-11-18 17:19:30
Submitted: 2016-11-18
Period Ending In: 2016-11-16
form4.html PRIMARY DOCUMENT


>

SEC FORM 4

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
Silverman Keith C

(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)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/16/2016
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 11/16/2016 A(1) 948 A $109.15 2,079(2) D
Common Stock 598(3) I 401(k)
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
Stock Appreciation Right $109.15 11/16/2016 A 1,950 11/16/2017(4) 12/16/2026(4) Common Stock 1,950 $109.15 1,950 D
Restricted Stock Units (5) 11/16/2016 A 300 (6) (6) Common Stock 300 $109.15 655 D
Explanation of Responses:
1. Ashland Common Stock acquired upon settlement of LTIP award pursuant to Ashland's incentive plan and exempt under Rule 16b-3(d).
2. Includes 119 shares of unvested Restricted Stock.
3. Based on Employee Savings Plan information as of October 31, 2016, the latest date for which such information is reasonably available.
4. 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.
5. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
6. 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.
/s/ Jennifer I. Henkel, Attorney-in-Fact 11/18/2016
** 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).
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.
1
form4.xml PRIMARY DOCUMENT
Schema Version:
X0306
Document Type:
4
Period Of Report:
2016-11-16

Issuer

Issuer Cik
0001674862
Issuer Name
ASHLAND GLOBAL HOLDINGS INC
Issuer Trading Symbol
ASH

Reporting Owner

Reporting Owner Id

Rpt Owner Cik
0001600587
Rpt Owner Name
Silverman Keith C

Reporting Owner Address

Rpt Owner Street1
1005 ROUTE 202/206
Rpt Owner City
BRIDGEWATER
Rpt Owner State
NJ
Rpt Owner Zip Code
08807

Reporting Owner Relationship

Is Officer
1
Officer Title
Vice President

Non Derivative Table

Non Derivative Transaction

Security Title
Common Stock
Transaction Date
2016-11-16

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0
@attributes Id
F1

Transaction Amounts

Transaction Shares
948
Transaction Price Per Share
109.15
Transaction Acquired Disposed Code
A

Shares Owned Following Transaction

Value
2079
@attributes Id
F2
Direct Or Indirect Ownership
D

Non Derivative Holding

Security Title
Common Stock

Shares Owned Following Transaction

Value
598
@attributes Id
F3

Ownership Nature

Direct Or Indirect Ownership
I
Nature Of Ownership
401(k)

Derivative Transaction

Security Title
Stock Appreciation Right
Conversion Or Exercise Price
109.15
Transaction Date
2016-11-16

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
1950
Transaction Price Per Share
109.15
Transaction Acquired Disposed Code
A

Exercise Date

Value
2017-11-16
@attributes Id
F4

Expiration Date

Value
2026-12-16
@attributes Id
F4

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
1950
Shares Owned Following Transaction
1950
Direct Or Indirect Ownership
D
Security Title
Restricted Stock Units
@attributes Id
F5
Transaction Date
2016-11-16

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
300
Transaction Price Per Share
109.15
Transaction Acquired Disposed Code
A
@attributes Id
F6
@attributes Id
F6

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
300
Shares Owned Following Transaction
655
Direct Or Indirect Ownership
D

Footnote

0
Ashland Common Stock acquired upon settlement of LTIP award pursuant to Ashland's incentive plan and exempt under Rule 16b-3(d).
1
Includes 119 shares of unvested Restricted Stock.
2
Based on Employee Savings Plan information as of October 31, 2016, the latest date for which such information is reasonably available.
3
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.
4
Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
5
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.

Owner Signature

Signature Name
/s/ Jennifer I. Henkel, Attorney-in-Fact
Signature Date
2016-11-18
Additional Files
FileSequenceDescriptionTypeSize
0001127602-16-067804.txt   Complete submission text file   10387
$ASH

© 2019 SEC.report
SEC CFR Title 17 of the Code of Federal Regulations.