Nichelle Maynard-Elliott - Jun 8, 2021 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
Director
Signature
/s/ John E. Capps as Attorney-in-Fact for Nichelle Maynard-Elliott
Stock symbol
ESI
Transactions as of
Jun 8, 2021
Transactions value $
$0
Form type
4
Date filed
6/9/2021, 04:29 PM
Previous filing
May 24, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESI Common Stock, par value $0.01 per share Options Exercise +9.14K +49.62% 27.6K Jun 8, 2021 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 ESI Restricted Stock Units Options Exercise -9.14K -100% 0 Jun 8, 2021 Common Stock 9.14K $0.00 Direct F1
transaction ESI Restricted Stock Units Award +4.17K 4.17K Jun 8, 2021 Common Stock 4.17K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of previously-reported restricted stock units ("RSUs"), which vested on 6/8/2021. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F2 Each RSU represents a right to receive one share of the Issuer's common stock. These RSUs will vest on the earlier of June 8, 2022 and the date of the next annual meeting of stockholders of the Issuer, provided that the reporting person continues to serve as a director of the Issuer through and on such vesting date. The RSUs contain dividend equivalent rights and may, in certain circumstances, become immediately vested as of the date of a change in control of the Issuer.