Anthony Massey - 03 Mar 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: VP, Global Controller, PAO
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 03 Mar 2023
Net transactions value: -$21,145
Form type: 4
Filing time: 07 Mar 2023, 16:57:16 UTC
Previous filing: 02 Mar 2023
Next filing: 28 Jul 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		+2,478	+13%		21,573	03 Mar 2023	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$21,145	-681	-3.2%	$31.05	20,892	03 Mar 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	-2,478	-50%	$0.000000	2,478	03 Mar 2023	Common Shares	2,478		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 March 3, 2021, the reporting person was granted 7,434 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.