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

Role
SVP, Glbl Refinish
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 19, 2022
Transactions value $
-$45,071
Form type
4
Date filed
2/23/2022, 07:26 PM
Previous filing
Feb 17, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3.36K +11.45% 32.8K Feb 19, 2022 Direct F1
transaction AXTA Common Shares Tax liability -$45.1K -1.56K -4.76% $28.91 31.2K Feb 19, 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 -3.36K -50% $0.00 3.36K Feb 19, 2022 Common Shares 3.36K 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.