Michael Goralski - Feb 17, 2022 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
EVP, Head of Industrial & Specialty and Global Supply Chain
Signature
/s/ John E. Capps as Attorney-in-Fact for Michael Goralski
Stock symbol
ESI
Transactions as of
Feb 17, 2022
Transactions value $
-$65,022
Form type
4
Date filed
2/22/2022, 04:35 PM
Previous filing
Feb 17, 2022
Next filing
Feb 14, 2023

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 +2.52K +1.75% 147K Feb 17, 2022 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability -$28.1K -1.17K -0.8% $24.02 146K Feb 17, 2022 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +1.85K +1.27% 148K Feb 17, 2022 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability -$20.6K -856 -0.58% $24.02 147K Feb 17, 2022 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +1.47K +1% 148K Feb 17, 2022 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability -$16.4K -681 -0.46% $24.02 147K Feb 17, 2022 Direct F6, F7

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 -2.52K -33.34% 5.05K Feb 17, 2022 Common Stock 2.52K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -1.85K -50% 1.85K Feb 17, 2022 Common Stock 1.85K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -1.47K -100% 0 Feb 17, 2022 Common Stock 1.47K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of 1/3 of a restricted stock unit ("RSU") award granted on 2/17/2021 and previously reported. Each RSU represented a contingent right to receive 1 share of the Issuer's common stock.
F2 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 1 above.
F3 Represents settlement of 1/3 of a RSU award granted on 2/19/2020 and previously reported. Each RSU represented a contingent right to receive 1 share of the Issuer's common stock.
F4 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 3 above.
F5 Represents settlement of 1/3 of a RSU award granted on 2/20/2019 and previously reported. Each RSU represented a contingent right to receive 1 share of the Issuer's common stock.
F6 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 5 above.
F7 Includes 10 shares of the Issuer's common stock held by a minor child. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Remarks:

EVP, Head of Industrial & Specialty and Global Supply Chain