Shelley J. Bausch - Mar 3, 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP, Glbl Industrial Coatings
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol: AXTA
Transactions as of: Mar 3, 2022
Transactions value $: -$29,209
Form type: 4
Date filed: 3/7/2022, 05:27 PM
Previous filing: Mar 1, 2022
Next filing: Mar 15, 2022
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		+3.84K	+91.55%		8.04K	Mar 3, 2022	Direct	F1
transaction	AXTA	Common Shares	Tax liability	-$29.2K	-1.13K	-14.09%	$25.78	6.91K	Mar 3, 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	-3.84K	-33.33%	$0.00	7.69K	Mar 3, 2022	Common Shares	3.84K		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 March 3, 2021, the reporting person was granted 11,534 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.