Troy D. Weaver - Feb 10, 2025 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 10, 2025
Transactions value $
-$53,017
Form type
4
Date filed
2/12/2025, 06:30 PM
Previous filing
Jul 30, 2024
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise $340K +10.5K +13.96% $32.50 85.4K Feb 10, 2025 Direct
transaction AXTA Common Shares Sale -$393K -10.5K -12.25% $37.57 74.9K Feb 10, 2025 Direct F1, 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 Employee Stock Option Options Exercise $0 -10.5K -100% $0.00 0 Feb 10, 2025 Common Shares 10.5K $32.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction resulted from the cashless exercise of 10,457 vested options with an exercise price of $32.50 granted to the reporting person on May 12, 2015 and scheduled to expire on May 12, 2025.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $37.54 to $37.58. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 This option vested in three equal annual installments on May 12, 2016, May 12, 2017 and May 12, 2018.