Jacqueline Scanlan - 14 Jun 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP & CHRO
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
14 Jun 2023
Transactions value $
-$199,095
Form type
4
Filing time
16 Jun 2023, 17:05:44 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 +2,873 +85% 6,234 14 Jun 2023 Direct F1
transaction AXTA Common Shares Tax liability -$39,682 -1,221 -20% $32.5 5,013 14 Jun 2023 Direct F2
transaction AXTA Common Shares Options Exercise +11,545 +230% 16,558 14 Jun 2023 Direct F1
transaction AXTA Common Shares Tax liability -$159,412 -4,905 -30% $32.5 11,653 14 Jun 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 -2,873 -50% $0 2,874 14 Jun 2023 Common Shares 2,873 Direct F1, F3
transaction AXTA Restricted Stock Units Options Exercise $0 -11,545 -50% $0 11,545 14 Jun 2023 Common Shares 11,545 Direct F1, F4
* 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 June 14, 2021, the reporting person was granted 8,620 restricted stock units, vesting in three equal annual installments beginning on June 14, 2022.
F4 On June 14, 2021, the reporting person was granted 23,090 restricted stock units, vesting 50% on each of the second and third anniversaries of the grant date.