Sec Form 5 Filing - MITCHELL SAMUEL J @ ASHLAND GLOBAL HOLDINGS INC - 2016-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 5
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MITCHELL SAMUEL J
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
_____ Officer (give title below) X __ Other (specify below)
Former Senior Vice President
(Last) (First) (Middle)
3499 BLAZER PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2016
(Street)
LEXINGTON, KY40509
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/17/2015 G V 4,000 D $ 0 25,009 ( 1 ) D
Common Stock 1,913 ( 2 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 $ 0 ( 3 ) ( 4 ) ( 4 ) Common Stock 34,469 34,469 ( 5 ) D
Restricted Stock Units ( 6 ) ( 7 ) ( 7 ) Common Stock 1,672 1,672 ( 8 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MITCHELL SAMUEL J
3499 BLAZER PARKWAY
LEXINGTON, KY40509
Former Senior Vice President
Signatures
/s/ Jennifer I. Henkel, Attorney-in-Fact 11/10/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 9,689 shares of unvested Restricted Stock, of which 130 shares were paid in lieu of cash dividends (exempt pursuant to Rule 16b-3) pursuant to Ashland's incentive plans and applicable restricted stock agreements (35 shares were paid on December 15, 2015; 35 shares were paid on March 15, 2016; 30 shares were paid on June 15, 2016; and 30 shares were paid on September 15, 2016).
( 2 )Based on Employee Savings Plan information as of October 31, 2016, the latest date for which such information is reasonably available.
( 3 )1-for-1
( 4 )Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's in-service distribution election, retirement or other termination.
( 5 )Balance includes 439 additional Common Stock Unites acquired in lieu of cash dividends pursuant to Ashland's Deferred Compensation Plan (the "Plan") and exempt under Rule 16b-3 (116 on December 15, 2015, 117 on March 15, 2016, 105 on June 15, 2016 and 101 on September 15, 2016).
( 6 )Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
( 7 )Grant of Restricted Stock Units, pursuant to the Amended and Restated 2015 Ashland Inc. 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.
( 8 )Balance includes 22 additional Restricted Stock Units acquired in lieu of cash dividends (6 on December 15, 2015, 6 on March 15, 2016, 5 on June 15, 2016 and 5 on September 15, 2016).

Remarks:
As of September 20, 2016, Ashland Global Holdings Inc. became the successor issuer to Ashland Inc. pursuant to a holding company reorganization in which all of Ashland Inc.'s outstanding shares were automatically converted into equivalent corresponding shares of Ashland Global Holdings Inc.

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