Michael Goralski - 17 Feb 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
Issuer symbol
ESI
Transactions as of
17 Feb 2022
Net transactions value
-$65,022
Form type
4
Filing time
22 Feb 2022, 16:35:54 UTC
Previous filing
17 Feb 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

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 +2,523 +1.7% 146,841 17 Feb 2022 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability $28,103 -1,170 -0.8% $24.02 145,671 17 Feb 2022 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +1,846 +1.3% 147,517 17 Feb 2022 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability $20,561 -856 -0.58% $24.02 146,661 17 Feb 2022 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +1,469 +1% 148,130 17 Feb 2022 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability $16,358 -681 -0.46% $24.02 147,449 17 Feb 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 -2,523 -33% 5,045 17 Feb 2022 Common Stock 2,523 $0.000000 Direct F1
transaction ESI Restricted Stock Units Options Exercise -1,846 -50% 1,846 17 Feb 2022 Common Stock 1,846 $0.000000 Direct F3
transaction ESI Restricted Stock Units Options Exercise -1,469 -100% 0 17 Feb 2022 Common Stock 1,469 $0.000000 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