Troy D. Weaver - Mar 3, 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
Mar 3, 2022
Transactions value $
-$42,099
Form type
4
Date filed
3/7/2022, 05:35 PM
Previous filing
Mar 1, 2022
Next filing
Jul 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3.84K +11.68% 36.8K Mar 3, 2022 Direct F1
transaction AXTA Common Shares Tax liability -$42.1K -1.63K -4.44% $25.78 35.1K Mar 3, 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 -3.84K -33.33% $0.00 7.69K Mar 3, 2022 Common Shares 3.84K 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 11,534 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.