Form 4 Ashland Global Holdings Inc

Statement of changes in beneficial ownership of securities

Published: 2019-11-14 18:52:41
Submitted: 2019-11-14
Period Ending In: 2019-11-13
form4.html PRIMARY DOCUMENT


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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
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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*
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)
Sr. Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2019
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
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 $77.9 11/13/2019 A 11,150 11/13/2020(1) 11/13/2029(1) Common Stock 11,150 $0 11,150 D
Restricted Stock Units (2) 11/13/2019 A 2,250 (3) (3) Common Stock 2,250 $77.9 6,316(4) D
Explanation of Responses:
1. 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.
2. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
3. 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.
4. Balance includes 55 additional Restricted Stock Units acquired in lieu of cash dividends (12 on December 15, 2018, 13 on March 15, 2019, 15 on June 15, 2019 and 15 on September 15, 2019). The total includes prior awards that have different vesting and expiration dates.
/s/ Jennifer I. Henkel, Attorney-in-Fact 11/14/2019
** 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:
2019-11-13

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
Sr. Vice President

Derivative Transaction

Security Title
Stock Appreciation Right
Conversion Or Exercise Price
77.90
Transaction Date
2019-11-13

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
11150
Transaction Price Per Share
0
Transaction Acquired Disposed Code
A

Exercise Date

Value
2020-11-13
@attributes Id
F1

Expiration Date

Value
2029-11-13
@attributes Id
F1

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
11150
Shares Owned Following Transaction
11150
Direct Or Indirect Ownership
D
Security Title
Restricted Stock Units
@attributes Id
F2
Transaction Date
2019-11-13

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
2250
Transaction Price Per Share
77.90
Transaction Acquired Disposed Code
A
@attributes Id
F3
@attributes Id
F3

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
2250

Shares Owned Following Transaction

Value
6316
@attributes Id
F4
Direct Or Indirect Ownership
D

Footnote

0
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.
1
Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
2
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.
3
Balance includes 55 additional Restricted Stock Units acquired in lieu of cash dividends (12 on December 15, 2018, 13 on March 15, 2019, 15 on June 15, 2019 and 15 on September 15, 2019). The total includes prior awards that have different vesting and expiration dates.

Owner Signature

Signature Name
/s/ Jennifer I. Henkel, Attorney-in-Fact
Signature Date
2019-11-14
Additional Files
FileSequenceDescriptionTypeSize
0001127602-19-032779.txt   Complete submission text file   8038
$ASH

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