Brendan Cummins - 24 Jan 2022 Form 4 Insider Report for ASHLAND GLOBAL HOLDINGS INC (ASH)

Role
Director
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
24 Jan 2022
Net transactions value
+$110,039
Form type
4
Filing time
25 Jan 2022, 15:54:05 UTC
Next filing
26 Jan 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASH Restricted Stock Units Award $110,039 +1,139 +5.3% $96.61 22,636 24 Jan 2022 Common Stock 1,139 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a right to receive the cash compensation in an amount equal to the value of one (1) share of Ashland Global Holdings Inc Common Stock multiplied by the closing stock price for Ashland Common Stock on the NYSE on the vesting date.
F2 All Restricted Stock Units will vest on the earliest of (i) the Director's Retirement (as defined in Ashland's Incentive Plan), (ii) the Director's death or Disability (as defined in Ashland's Incentive Plan), (iii) a 50% change in beneficial ownership of Ashland, or (iv) voluntary early retirement to enter government service.
F3 Balance includes 69 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2021, 67 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2021, 70 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2021, 64 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2021.