Jeremy Rohen - 18 Jan 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
18 Jan 2022
Net transactions value
-$37,526
Form type
4
Filing time
20 Jan 2022, 16:22:33 UTC
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3,045 3,045 18 Jan 2022 Direct F1
transaction AXTA Common Shares Tax liability $37,526 -1,176 -39% $31.91 1,869 18 Jan 2022 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 -3,045 -25% $0.000000 9,137 18 Jan 2022 Common Shares 3,045 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 January 18, 2021, the reporting person was granted 12,182 restricted stock units, vesting 25% on each of the first and second anniversaries and 50% on the third anniversary of the grant date.