BRIAN A. BERUBE - 19 Feb 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: SVP and General Counsel
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 19 Feb 2023
Net transactions value: -$55,528
Form type: 4
Filing time: 22 Feb 2023, 16:56:44 UTC
Previous filing: 17 Feb 2023
Next filing: 02 Mar 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		+4,261	+12%		38,812	19 Feb 2023	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$55,528	-1,890	-4.9%	$29.38	36,922	19 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	-4,261	-100%	$0.000000^*	0	19 Feb 2023	Common Shares	4,261		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 19, 2020, the reporting person was granted 12,782 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.