0001127602-17-020721.txt : 20170606 0001127602-17-020721.hdr.sgml : 20170606 20170606182229 ACCESSION NUMBER: 0001127602-17-020721 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170602 FILED AS OF DATE: 20170606 DATE AS OF CHANGE: 20170606 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASHLAND GLOBAL HOLDINGS INC CENTRAL INDEX KEY: 0001674862 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160] IRS NUMBER: 812587835 STATE OF INCORPORATION: DE FISCAL YEAR END: 1216 BUSINESS ADDRESS: STREET 1: 50 E RIVERCENTER BLVD CITY: COVINGTON STATE: KY ZIP: 41011 BUSINESS PHONE: 859-815-3333 MAIL ADDRESS: STREET 1: 50 E RIVERCENTER BLVD CITY: COVINGTON STATE: KY ZIP: 41011 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHAEFER GEORGE A JR CENTRAL INDEX KEY: 0001195811 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-211719 FILM NUMBER: 17895216 MAIL ADDRESS: STREET 1: 851 DELAWARE RIDGE LANE CITY: CINCINNATI STATE: OH ZIP: 45226 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-06-02 0001674862 ASHLAND GLOBAL HOLDINGS INC ASH 0001195811 SCHAEFER GEORGE A JR 851 DELAWARE RIDGE LANE CINCINNATI OH 45226 1 Common Stock 2017-06-05 4 A 0 883 0 A 4619 D Restricted Stock Units 2017-06-02 4 A 0 25990 0 A Common Stock 25990 55410 D Represents 883 shares of restricted stock granted pursuant to the adjustment described in this footnote. Ashland Global Holdings Inc. ("Ashland") distributed to its stockholders on May 12, 2017 (the "Distribution Date") 170,000,000 shares of Valvoline Inc. common stock as a pro rata dividend (the "Distribution"). Pursuant to the terms of the applicable equity compensation plan, the Reporting Person was entitled to receive the number of shares of restricted stock equal to the quotient of (x) the closing price of Ashland common stock on the Distribution Date and (y) the simple arithmetic average of the volume-weighted average price of Ashland common stock for each of the ten consecutive trading days immediately following the Distribution Date (such quotient, the "Equity Award Adjustment Ratio") for each such share of restricted stock. Balance includes 1,883 shares of unvested Restricted Stock. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock. The Restricted Stock Units are payable upon the same terms and conditions as were applicable to the Reporting Person's awards of Restricted Stock Units immediately prior to the Distribution. Pursuant to the terms of Ashland's Deferred Compensation Plan for Non-Employee Directors, the Reporting Person was entitled to receive the number of Restricted Stock Units equal to the Equity Award Adjustment Ratio for each such Restricted Stock Unit. Restricted Stock Units were acquired pursuant to Ashland's Deferred Compensation Plan for Non--Employee Directors. One (1) Restricted Stock Unit is the equivalent of one (1) share of common stock. Balance includes 93 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2017, pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors, exempt under Rule 16b-3 and converted as described above in footnote 5. /s/ Jennifer I. Henkel, Attorney-in-Fact 2017-06-06