Troy D. Weaver - Feb 25, 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 25, 2022
Transactions value $
-$35,531
Form type
4
Date filed
3/1/2022, 05:49 PM
Previous filing
Feb 23, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3.01K +9.65% 34.2K Feb 25, 2022 Direct F1
transaction AXTA Common Shares Tax liability -$35.5K -1.28K -3.74% $27.78 32.9K Feb 25, 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 -3.01K -100% $0.00* 0 Feb 25, 2022 Common Shares 3.01K 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 25, 2019, the reporting person was granted 9,028 restricted stock units, vesting in three equal annual installments beginning on February 25, 2020.