Anthony Massey - 14 Nov 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
14 Nov 2023
Net transactions value
-$412,369
Form type
4
Filing time
15 Nov 2023, 17:50:43 UTC
Previous filing
03 Aug 2023
Next filing
20 Feb 2024
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 $26,324 +3,651 +16% $7.21 26,385 14 Nov 2023 Direct
transaction AXTA Common Shares Options Exercise $45,377 +5,110 +19% $8.88 31,495 14 Nov 2023 Direct
transaction AXTA Common Shares Options Exercise $69,146 +5,840 +19% $11.84 37,335 14 Nov 2023 Direct
transaction AXTA Common Shares Sale $553,215 -17,915 -48% $30.88 19,420 14 Nov 2023 Direct F1

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 Employee Stock Option Options Exercise $0 -3,651 -100% $0.000000* 0 14 Nov 2023 Common Shares 3,651 $7.21 Direct F2
transaction AXTA Employee Stock Option Options Exercise $0 -5,110 -100% $0.000000* 0 14 Nov 2023 Common Shares 5,110 $8.88 Direct F2
transaction AXTA Employee Stock Option Options Exercise $0 -5,840 -100% $0.000000* 0 14 Nov 2023 Common Shares 5,840 $11.84 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $30.83 to $30.95. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 This option vests in five equal annual installments beginning on May 21, 2014. On April 8, 2015, this option vested in full in accordance with the terms of the Axalta Coating Systems Bermuda Co., Ltd. 2013 Equity Incentive Plan.