Troy D. Weaver - 29 Jul 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
29 Jul 2022
Net transactions value
-$32,710
Form type
4
Filing time
02 Aug 2022, 17:21:47 UTC
Previous filing
27 Jul 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3,052 +8.7% 38,186 29 Jul 2022 Direct F1
transaction AXTA Common Shares Tax liability $32,710 -1,297 -3.4% $25.22 36,889 29 Jul 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 -3,052 -100% $0.000000* 0 29 Jul 2022 Common Shares 3,052 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 July 29, 2019, the reporting person was granted 9,156 restricted stock units, vesting in three equal annual installments beginning on July 29, 2020.