BRIAN A. BERUBE - 03 Mar 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP and General Counsel
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 03 Mar 2022
Net transactions value: -$52,204
Form type: 4
Filing time: 07 Mar 2022, 17:28:29 UTC
Previous filing: 23 Feb 2022
Next filing: 16 Jun 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		+4,565	+21%		25,934	03 Mar 2022	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$52,204	-2,025	-7.8%	$25.78	23,909	03 Mar 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	-4,565	-33%	$0.000000	9,131	03 Mar 2022	Common Shares	4,565		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 March 3, 2021, the reporting person was granted 13,696 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.