Troy D. Weaver - 24 Oct 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
24 Oct 2021
Transactions value $
-$59,757
Form type
4
Filing time
26 Oct 2021, 17:33:32 UTC
Previous filing
02 Aug 2021
Next filing
04 Nov 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 +4.3K +17.31% 29.2K 24 Oct 2021 Direct F1
transaction AXTA Common Shares Tax liability -$59.8K -1.83K -6.27% $32.69 27.3K 24 Oct 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 -4.3K -100% $0.00* 0 24 Oct 2021 Common Shares 4.3K 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 restricted stock unit award.
F3 On October 24, 2017, the reporting person was granted 8,605 restricted stock units, vesting in two equal installments on the second and fourth anniversaries of the grant date.