Troy D. Weaver - 19 Feb 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP, Glbl Refinish
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 19 Feb 2022
Net transactions value: -$45,071
Form type: 4
Filing time: 23 Feb 2022, 19:26:56 UTC
Previous filing: 17 Feb 2022
Next filing: 01 Mar 2022
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		+3,364	+11%		32,751	19 Feb 2022	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$45,071	-1,559	-4.8%	$28.91	31,192	19 Feb 2022	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	-3,364	-50%	$0.000000	3,364	19 Feb 2022	Common Shares	3,364		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 February 19, 2020, the reporting person was granted 10,091 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.