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*
(Street)
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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 ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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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) | |||||||
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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). | ||
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. |