Sean M. Lannon - 03 Mar 2022 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
03 Mar 2022
Transactions value $
-$60,531
Form type
4
Filing time
07 Mar 2022, 17:30:31 UTC
Previous filing
01 Mar 2022
Next filing
27 Jul 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 +5.53K +14.36% 44K 03 Mar 2022 Direct F1
transaction AXTA Common Shares Tax liability -$60.5K -2.35K -5.34% $25.78 41.7K 03 Mar 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 -5.53K -33.33% $0.00 11.1K 03 Mar 2022 Common Shares 5.53K 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 16,580 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.