Hadi Awada - 12 Oct 2022 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP, Glbl Mobility Coatings
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 12 Oct 2022
Net transactions value: -$75,842
Form type: 4
Filing time: 14 Oct 2022, 17:30:32 UTC
Previous filing: 27 Jul 2022
Next filing: 17 Feb 2023
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		+8,173	+308%		10,823	12 Oct 2022	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$75,842	-3,564	-33%	$21.28	7,259	12 Oct 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	-8,173	-50%	$0.000000	8,173	12 Oct 2022	Common Shares	8,173		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 October 12, 2020, the reporting person was granted 16,346 restricted stock units, vesting 50% on each of the second and third anniversaries of the grant date.