Brian A. Berube - Feb 15, 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP and General Counsel
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 15, 2023
Transactions value $
-$70,536
Form type
4
Date filed
2/17/2023, 04:33 PM
Previous filing
Jul 27, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +5.09K +15.98% 36.9K Feb 15, 2023 Direct F1
transaction AXTA Common Shares Tax liability -$70.5K -2.39K -6.46% $29.55 34.6K Feb 15, 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 -5.09K -33.33% $0.00 10.2K Feb 15, 2023 Common Shares 5.09K 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 February 15, 2022, the reporting person was granted 15,267 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.