Sean M. Lannon - 03 Mar 2023 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 2023
Transactions value $
-$47,165
Form type
4
Filing time
07 Mar 2023, 16:54:56 UTC
Previous filing
02 Mar 2023
Next filing
28 Jul 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 +5.53K +11.04% 55.6K 03 Mar 2023 Direct F1
transaction AXTA Common Shares Tax liability -$47.2K -1.52K -2.73% $31.05 54.1K 03 Mar 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 -5.53K -50% $0.00 5.53K 03 Mar 2023 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.