G. Ashken Ian - Jun 7, 2022 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
Director
Signature
/s/ John E. Capps as Attorney-in-Fact for Ian G.H. Ashken
Stock symbol
ESI
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 04:23 PM
Previous filing
Jan 4, 2022
Next filing
Jun 17, 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 +4.17K 4.17K Jun 7, 2022 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other -4.17K -100% 0 Jun 7, 2022 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other +4.17K +0.31% 1.34M Jun 7, 2022 By Tasburgh, LLC 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 -4.17K -100% 0 Jun 7, 2022 Common Stock 4.17K $0.00 Direct F1
transaction ESI Restricted Stock Units Award +6.37K 6.37K Jun 7, 2022 Common Stock 6.37K $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 6/7/2022. 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 7, 2023 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 may, in certain circumstances, become immediately vested as of the date of a change in control of the Issuer.

Remarks:

The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein.