0001127602-17-020734.txt : 20170606
0001127602-17-020734.hdr.sgml : 20170606
20170606213817
ACCESSION NUMBER: 0001127602-17-020734
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: CUMMINS BRENDAN
CENTRAL INDEX KEY: 0001550092
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-211719
FILM NUMBER: 17895501
MAIL ADDRESS:
STREET 1: 50 E. RIVERCENTER BOULEVARD
CITY: COVINGTON
STATE: KY
ZIP: 41011
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-06-02
0001674862
ASHLAND GLOBAL HOLDINGS INC
ASH
0001550092
CUMMINS BRENDAN
50 E. RIVERCENTER BOULEVARD
COVINGTON
KY
41011
1
Restricted Stock Units
2017-06-02
4
A
0
6887
0
A
Common Stock
6887
14682
D
Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
Represents the sum of 6,887 restricted stock units 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. ("Valvoline") 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 restricted stock units 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 restricted stock unit. Balance also includes 24 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 in this footnote 2.
The restricted stock units described in footnote (2) vest upon the same terms and conditions as were applicable to the Reporting Person's awards of restricted stock units immediately prior to the Distribution.
The balance includes 24 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 in footnote 2.
/s/ Jennifer I. Henkel, Attorney-in-Fact
2017-06-06