Sean M. Lannon - 03 Mar 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP & CFO
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 03 Mar 2022
Net transactions value: -$60,531
Form type: 4
Filing time: 07 Mar 2022, 17:30:31 UTC
Previous filing: 01 Mar 2022
Next filing: 27 Jul 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		+5,526	+14%		44,007	03 Mar 2022	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$60,531	-2,348	-5.3%	$25.78	41,659	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	-5,526	-33%	$0.000000	11,054	03 Mar 2022	Common Shares	5,526		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 16,580 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.