Anthony Massey - Mar 3, 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: VP, Global Controller, PAO
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol: AXTA
Transactions as of: Mar 3, 2023
Transactions value $: -$21,145
Form type: 4
Date filed: 3/7/2023, 04:57 PM
Previous filing: Mar 2, 2023
Next filing: Jul 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXTA	Common Shares	Options Exercise		+2.48K	+12.98%		21.6K	Mar 3, 2023	Direct	F1
transaction	AXTA	Common Shares	Tax liability	-$21.1K	-681	-3.16%	$31.05	20.9K	Mar 3, 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	-2.48K	-50%	$0.00	2.48K	Mar 3, 2023	Common Shares	2.48K		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.