Benjamin Gliklich - Feb 12, 2025 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
President and CEO, Director
Signature
/s/ John E. Capps as Attorney-in-Fact for Benjamin Gliklich
Stock symbol
ESI
Transactions as of
Feb 12, 2025
Transactions value $
-$1,089,776
Form type
4
Date filed
2/14/2025, 07:04 PM
Previous filing
Feb 15, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESI Common Stock, par value $0.01 per share Options Exercise +50.2K +6.82% 786K Feb 12, 2025 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability -$509K -19.7K -2.51% $25.81 766K Feb 12, 2025 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +20.9K +2.72% 787K Feb 12, 2025 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability -$212K -8.21K -1.04% $25.81 779K Feb 12, 2025 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +19.6K +2.51% 799K Feb 12, 2025 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability -$199K -7.7K -0.96% $25.81 791K Feb 12, 2025 Direct F6
transaction ESI Common Stock, par value $0.01 per share Options Exercise +16.7K +2.11% 808K Feb 12, 2025 Direct F7
transaction ESI Common Stock, par value $0.01 per share Tax liability -$170K -6.58K -0.81% $25.81 801K Feb 12, 2025 Direct F8

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 ESI Performance Stock Units Options Exercise -50.2K -100% 0 Feb 12, 2025 Common Stock 50.2K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -20.9K -33.33% 41.7K Feb 12, 2025 Common Stock 20.9K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -19.6K -50% 19.6K Feb 12, 2025 Common Stock 19.6K $0.00 Direct F5
transaction ESI Restricted Stock Units Options Exercise -16.7K -100% 0 Feb 12, 2025 Common Stock 16.7K $0.00 Direct F7
transaction ESI Performance Stock Units Award +114K 114K Feb 12, 2025 Common Stock 114K $0.00 Direct F9
transaction ESI Restricted Stock Units Award +56.8K 56.8K Feb 12, 2025 Common Stock 56.8K $0.00 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of a performance restricted stock unit ("PRSU") award previously reported in 2022. Each PRSU represented a contingent right to receive up to 2 shares of the Issuer's common stock.
F2 Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described in footnote 1.
F3 Represents settlement of 1/3 of a restricted stock unit ("RSUs") award previously reported in 2024. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F4 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 3.
F5 Represents settlement of 1/3 of an RSU award previously reported in 2023. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F6 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 5.
F7 Represents settlement of 1/3 of an RSU award previously reported in 2022. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F8 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 7.
F9 Each PRSU represents a contingent right to receive up to 3 shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and adjusted earnings per share goals for the performance period ending on December 31, 2027 and a relative total shareholder return (TSR) modifier based on the Issuer's TSR in comparison to its peer group for that same period. The number of shares reported in column 7 will range from zero to 337,956 shares.
F10 Each RSU represents a contingent right to receive one share of the Issuer's common stock. The grant will vest in 1/3 increments over the next three years.