Troy D. Weaver - 15 Feb 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP, Glbl Refinish
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
15 Feb 2023
Net transactions value
-$58,745
Form type
4
Filing time
17 Feb 2023, 16:40:23 UTC
Previous filing
02 Aug 2022
Next filing
22 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 +4,626 +13% 41,515 15 Feb 2023 Direct F1
transaction AXTA Common Shares Tax liability $58,745 -1,988 -4.8% $29.55 39,527 15 Feb 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 -4,626 -33% $0.000000 9,254 15 Feb 2023 Common Shares 4,626 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 13,880 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.