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

Role
SVP, Glbl Refinish
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 15, 2023
Transactions value $
-$58,745
Form type
4
Date filed
2/17/2023, 04:40 PM
Previous filing
Aug 2, 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 +4.63K +12.54% 41.5K Feb 15, 2023 Direct F1
transaction AXTA Common Shares Tax liability -$58.7K -1.99K -4.79% $29.55 39.5K 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 -4.63K -33.33% $0.00 9.25K Feb 15, 2023 Common Shares 4.63K 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.