Jeremy Rohen - 18 Jan 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP, Strategy & Business Dev
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 18 Jan 2023
Net transactions value: -$45,677
Form type: 4
Filing time: 20 Jan 2023, 16:58:47 UTC
Previous 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		+3,046	+96%		6,206	18 Jan 2023	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$45,677	-1,688	-27%	$27.06	4,518	18 Jan 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	-3,046	-33%	$0.000000	6,091	18 Jan 2023	Common Shares	3,046		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 18, 2021, the reporting person was granted 12,182 restricted stock units, vesting 25% on each of the first and second anniversaries and 50% on the third anniversary of the grant date.