Troy D. Weaver - 19 Feb 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP, Glbl Refinish
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
19 Feb 2023
Transactions value $
-$42,013
Form type
4
Filing time
22 Feb 2023, 17:02:27 UTC
Previous filing
17 Feb 2023
Next filing
02 Mar 2023
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 +3.36K +8.51% 42.9K 19 Feb 2023 Direct F1
transaction AXTA Common Shares Tax liability -$42K -1.43K -3.33% $29.38 41.5K 19 Feb 2023 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 -3.36K -100% $0.00* 0 19 Feb 2023 Common Shares 3.36K 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 February 19, 2020, the reporting person was granted 10,091 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.