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*
BONI ERIC N

(Last) (First) (Middle)
8145 BLAZER DRIVE

(Street)
WILMINGTON DE 19808

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2020
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)
Principal Accounting Officer
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)
Common Stock 7,835 D
Common Stock 7,005(1) I 401(k)
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)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) (2) Common Stock 207 (3) D
Restricted Stock Units (4) (4) Common Stock 980 (3) D
Restricted Stock Units (5) (5) Common Stock 1,064 (3) D
Restricted Stock Units (6) (6) Common Stock 305 (3) D
Restricted Stock Units (7) (7) Common Stock 502 (3) D
Stock Appreciation Right 11/17/2011 12/17/2020 Common Stock 2,448 $27.54(8) D
Stock Appreciation Right 12/02/2012 01/02/2022 Common Stock 5,085 $29.5(8) D
Stock Appreciation Right 11/14/2013 12/14/2022 Common Stock 5,838 $37.37(8) D
Stock Appreciation Right 11/13/2014 12/13/2023 Common Stock 2,825 $47.63(8) D
Stock Appreciation Right 11/12/2015 12/12/2024 Common Stock 2,730 $59.95(8) D
Stock Appreciation Right 11/18/2016 12/18/2025 Common Stock 3,390 $59.41(8) D
Stock Appreciation Right 11/16/2017 12/16/2026 Common Stock 3,672 $57.96(8) D
Stock Appreciation Right 11/15/2018 12/15/2027 Common Stock 3,100 $67.16(8) D
Stock Appreciation Right 11/15/2019 11/15/2028 Common Stock 1,950 $82.34(8) D
Stock Appreciation Right 11/13/2020 11/13/2029 Common Stock 2,350 $77.9(8) D
Common Stock Units (9) (9) Common Stock 1,237 (10) D
Explanation of Responses:
1. Based on Employee Savings Plan information as of December 31, 2019, the latest date for which such information is reasonably available.
2. 207 Restricted Stock Units (inclusive of additional shares from dividends) remaining from an initial grant on November 15, 2017, of 600 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. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
4. 980 Restricted Stock Units (inclusive of additional shares from dividends) remaining from an initial grant of 3800 Restricted Stock Units November 15, 2017, 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% the first year after date of grant, 25% the second year after date of grant, and 25% the third year after date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.
5. 1064 Restricted Stock Units (inclusive of additional shares from dividends) remaining from an initial grant of 2088 Restricted Stock Units granted September 12, 2018, 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% the first year after the date of grant and 50% the second year after the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.
6. 305 Restricted Stock Units (inclusive of additional shares from dividends) remaining from an initial grant of 450 Restricted Stock Units on November 15, 2018, 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.
7. 502 Restricted Stock Units (inclusive of additional shares from dividends) remaining from an initial grant of 500 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 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. 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.
9. Common Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Employees (the "Plan") and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
10. Each Common Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
/s/ Jennifer I. Henkel, Attorney-in-Fact 01/31/2020
** 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).
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