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

Role: SVP, Glbl Mobility Coatings
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 12 Oct 2023
Net transactions value: -$96,085
Form type: 4
Filing time: 16 Oct 2023, 16:42:42 UTC
Previous filing: 28 Jul 2023
Next filing: 05 Dec 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		+8,173	+40%		28,720	12 Oct 2023	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$96,085	-3,564	-12%	$26.96	25,156	12 Oct 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	-8,173	-100%	$0.000000^*	0	12 Oct 2023	Common Shares	8,173		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.