Frank A. Bozich - Jan 5, 2022 Form 4 Insider Report for Trinseo PLC (TSE)

Role
CEO and President, Director
Signature
/s/ Angelo Chaclas, attorney-in-fact
Stock symbol
TSE
Transactions as of
Jan 5, 2022
Transactions value $
-$677,330
Form type
4
Date filed
1/7/2022, 02:18 PM
Previous filing
Dec 9, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSE Ordinary Shares Options Exercise $509K +21K +18.32% $24.30 135K Jan 5, 2022 Direct
transaction TSE Ordinary Shares Sale -$1.19M -21K -15.48% $56.62 114K Jan 5, 2022 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 TSE Option to Purchase Ordinary Shares Options Exercise $0 -21K -16.67% $0.00 105K Jan 5, 2022 Ordinary Shares 21K $24.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of the proceeds from the sale were used to pay the exercise price of stock options pursuant to a broker-assisted cashless exercise, and applicable withholding taxes. The exercise and sale were made pursuant to a preexisting 10b5-1 plan executed in May 2021.
F2 Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $56.13 to $57.11. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
F3 The option vests in three equal annual installments beginning on the first anniversary of the grant date.