Michael F. Goss - Jun 7, 2022 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
Director
Signature
/s/ John E. Capps as Attorney-in-Fact for Michael F. Goss
Stock symbol
ESI
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 04:27 PM
Previous filing
Jun 9, 2021
Next filing
Jun 7, 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 +4.17K 4.17K Jun 7, 2022 Direct F1, F2
holding ESI Common Stock, par value $0.01 per share 152K Jun 7, 2022 By Trust F2

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 F3
* 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 Reflects the transfer of 151,683 shares, which were previously reported as being held directly by Mr. Goss, to The Michael F Goss 2006 Irrevocable Family Trust (the "Trust") in a Section 16-exempt transaction. Mr. Goss is a trustee of the Trust and may be considered to have beneficial ownership of the Trust's interests in the Issuer's common stock. Mr. Goss disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F3 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.