Carey J. Dorman - 15 Feb 2023 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
EVP, CFO
Signature
/s/ John E. Capps as Attorney-in-Fact for Carey J. Dorman
Issuer symbol
ESI
Transactions as of
15 Feb 2023
Net transactions value
-$348,111
Form type
4
Filing time
17 Feb 2023, 15:19:17 UTC
Previous filing
14 Feb 2023
Next filing
01 Jun 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 +35,302 +22% 192,283 15 Feb 2023 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability $289,725 -14,078 -7.3% $20.58 178,205 15 Feb 2023 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,626 +2% 181,831 15 Feb 2023 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability $29,368 -1,427 -0.78% $20.58 180,404 15 Feb 2023 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,583 +2% 183,987 15 Feb 2023 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability $29,018 -1,410 -0.77% $20.58 182,577 15 Feb 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 -23,534 -100% 0 15 Feb 2023 Common Stock 35,302 $0.000000 Direct F1
transaction ESI Restricted Stock Units Options Exercise -3,626 -50% 3,625 15 Feb 2023 Common Stock 3,626 $0.000000 Direct F3
transaction ESI Restricted Stock Units Options Exercise -3,583 -33% 7,165 15 Feb 2023 Common Stock 3,583 $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 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.