BRIAN A. BERUBE - 27 Jul 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP and General Counsel
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
27 Jul 2023
Transactions value $
-$317,738
Form type
4
Filing time
28 Jul 2023, 17:48:11 UTC
Previous filing
07 Mar 2023
Next filing
17 Nov 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 +22,366 +56.68% 61,828 27 Jul 2023 Direct F1
transaction AXTA Common Shares Tax liability -$317,737 -9,920 -16.04% $32.03 51,908 27 Jul 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 -22,366 -50% $0 22,367 27 Jul 2023 Common Shares 22,366 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 July 27, 2022 the reporting person was granted 44,733 restricted stock units, vesting in two equal annual installments on the first and second anniversaries of the grant date.