Hadi Awada - Oct 12, 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
SVP, Glbl Mobility Coatings
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Oct 12, 2023
Transactions value $
-$96,085
Form type
4
Date filed
10/16/2023, 04:42 PM
Previous filing
Jul 28, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +8.17K +39.78% 28.7K Oct 12, 2023 Direct F1
transaction AXTA Common Shares Tax liability -$96.1K -3.56K -12.41% $26.96 25.2K Oct 12, 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 -8.17K -100% $0.00* 0 Oct 12, 2023 Common Shares 8.17K 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 October 12, 2020, the reporting person was granted 16,346 restricted stock units, vesting 50% on each of the second and third anniversaries of the grant date.