Troy D. Weaver - 29 Jul 2021 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP, Global Refinish
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 29 Jul 2021
Transactions value $: -$25,279
Form type: 4
Filing time: 02 Aug 2021, 20:53:21 UTC
Next filing: 26 Oct 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		+3.05K	+13.48%		25.7K	29 Jul 2021	Direct	F1
transaction	AXTA	Common Shares	Tax liability	-$25.3K	-839	-3.26%	$30.13	24.9K	29 Jul 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	-3.05K	-50%	$0.00	3.05K	29 Jul 2021	Common Shares	3.05K		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 July 29, 2019, the reporting person was granted 9,156 restricted stock units, vesting in three equal annual installments beginning on July 29, 2020.