Shelley J. Bausch - Jan 1, 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP, Glbl Industrial Coatings
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Jan 1, 2023
Transactions value $
-$79,390
Form type
4
Date filed
1/4/2023, 04:39 PM
Previous filing
Jul 27, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +6.27K +90.67% 13.2K Jan 1, 2023 Direct F1
transaction AXTA Common Shares Tax liability -$79.4K -3.12K -23.66% $25.47 10.1K Jan 1, 2023 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 -6.27K -25% $0.00 18.8K Jan 1, 2023 Common Shares 6.27K 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 January 1, 2021, the reporting person was granted 31,325 restricted stock units, vesting 20% on each of the first and second anniversaries and 60% on the 42-month anniversary of the grant date.