Sean M. Lannon - 19 Jun 2021 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP & CFO
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
19 Jun 2021
Transactions value $
-$97,897
Form type
4
Filing time
22 Jun 2021, 18:34:46 UTC
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +7.44K +31.78% 30.8K 19 Jun 2021 Direct F1
transaction AXTA Common Shares Tax liability -$97.9K -3.16K -10.25% $30.98 27.7K 19 Jun 2021 Direct F2

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 AXTA Restricted Stock Units Options Exercise $0 -7.44K -100% $0.00* 0 19 Jun 2021 Common Shares 7.44K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common shares on a one-for-one basis.
F2 Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
F3 On June 19, 2017, the reporting person was granted 14,876 restricted stock units, vesting in two equal installments on the second and fourth anniversaries of the grant date.