Benjamin Gliklich - Feb 15, 2023 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
President and CEO, Director
Signature
/s/ John E. Capps as Attorney-in-Fact for Benjamin Gliklich
Stock symbol
ESI
Transactions as of
Feb 15, 2023
Transactions value $
-$935,443
Form type
4
Date filed
2/17/2023, 03:17 PM
Previous filing
Feb 14, 2023
Next filing
Jun 1, 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 +83.1K +11.06% 834K Feb 15, 2023 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability -$672K -32.7K -3.92% $20.58 802K Feb 15, 2023 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +15.8K +1.97% 817K Feb 15, 2023 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability -$128K -6.2K -0.76% $20.58 811K Feb 15, 2023 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +16.7K +2.06% 828K Feb 15, 2023 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability -$135K -6.58K -0.79% $20.58 821K Feb 15, 2023 Direct F6

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 Performance Stock Units Options Exercise -55.4K -100% 0 Feb 15, 2023 Common Stock 83.1K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -15.8K -50% 15.8K Feb 15, 2023 Common Stock 15.8K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -16.7K -33.34% 33.4K Feb 15, 2023 Common Stock 16.7K $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 a performance stock unit ("PRSU") award granted on 2/19/20 and previously reported. Each PRSU represented a contingent right to receive up to 1.5 shares of the Issuer's common stock.
F2 Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described above.
F3 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.
F4 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described above.
F5 Represents settlement of 1/3 of a RSU award granted on 2/15/2022 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.