Form 4 Silverman Keith C

Statement of changes in beneficial ownership of securities

Published: 2018-11-19 20:40:37
Submitted: 2018-11-19
Period Ending In: 2018-11-15
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)
11/15/2018
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 11/15/2018 M 370 A $82.34 1,728 D
Common Stock 11/15/2018 F(1) 127 D $82.34 1,601 D
Common Stock 11/15/2018 M 1,923 A $82.34 3,524 D
Common Stock 11/15/2018 F(2) 659 D $82.34 2,865 D
Common Stock 11/15/2018 M 2,950 A $67.16 5,815 D
Common Stock 1,076(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
Restricted Stock Units (4) 11/15/2018 M 370 (5) (5) Common Stock 370 $0 7,228(6) D
Restricted Stock Units (4) 11/15/2018 M 1,923 (7) (7) Common Stock 1,923 $0 5,305(6) D
Stock Appreciation Right $67.16 11/15/2018 M 2,950 11/15/2018 12/15/2027 Common Stock 2,950 $0 2,950 D
Explanation of Responses:
1. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 5 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. Based on Employee Savings Plan information as of October 31, 2018, the latest date for which such information is reasonably available.
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.
6. Balance also includes shares of restricted stock units acquired in lieu of cash dividends, 16 shares acquired on December 15, 2017; 17 shares acquired on March 15, 2018; 17 shares acquired on June 15, 2018 and 17 shares acquired on September 15, 2018.
7. 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 50% beginning one year from the date of grant, 25% the second year and the remaining 25% the third year, provided that the Reporting Person remains in continuous employment with the Issuer.
/s/ Jennifer I. Henkel, Attorney-in-Fact 11/19/2018
** 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).
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:
2018-11-15

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
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
370
Transaction Price Per Share
82.34
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
1728
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-11-15

Transaction Coding

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

Transaction Amounts

Transaction Shares
127
Transaction Price Per Share
82.34
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
1601
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
1923
Transaction Price Per Share
82.34
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
3524
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
F
Equity Swap Involved
0
@attributes Id
F2

Transaction Amounts

Transaction Shares
659
Transaction Price Per Share
82.34
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
2865
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
2950
Transaction Price Per Share
67.16
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
5815
Direct Or Indirect Ownership
D

Non Derivative Holding

Security Title
Common Stock

Shares Owned Following Transaction

Value
1076
@attributes Id
F3

Ownership Nature

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

Derivative Transaction

Security Title
Restricted Stock Units
@attributes Id
F4
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
370
Transaction Price Per Share
0
Transaction Acquired Disposed Code
D
@attributes Id
F5
@attributes Id
F5

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
370

Shares Owned Following Transaction

Value
7228
@attributes Id
F6
Direct Or Indirect Ownership
D
Security Title
Restricted Stock Units
@attributes Id
F4
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
1923
Transaction Price Per Share
0
Transaction Acquired Disposed Code
D
@attributes Id
F7
@attributes Id
F7

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
1923

Shares Owned Following Transaction

Value
5305
@attributes Id
F6
Direct Or Indirect Ownership
D
Security Title
Stock Appreciation Right
Conversion Or Exercise Price
67.16
Transaction Date
2018-11-15

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
2950
Transaction Price Per Share
0
Transaction Acquired Disposed Code
D
Exercise Date
2018-11-15
Expiration Date
2027-12-15

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
2950
Shares Owned Following Transaction
2950
Direct Or Indirect Ownership
D

Footnote

0
Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units referenced in footnote 5 below, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
1
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.
2
Based on Employee Savings Plan information as of October 31, 2018, the latest date for which such information is reasonably available.
3
Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
4
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.
5
Balance also includes shares of restricted stock units acquired in lieu of cash dividends, 16 shares acquired on December 15, 2017; 17 shares acquired on March 15, 2018; 17 shares acquired on June 15, 2018 and 17 shares acquired on September 15, 2018.
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 50% beginning one year from the date of grant, 25% the second year and the remaining 25% the third year, 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
2018-11-19
Additional Files
FileSequenceDescriptionTypeSize
0001127602-18-033856.txt   Complete submission text file   18884
$ASH

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