Joseph J. D'Ambrisi - 15 Feb 2023 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
EVP, Head of Electronics
Signature
/s/ John E. Capps as Attorney-in-Fact for Joseph J. D'Ambrisi
Issuer symbol
ESI
Transactions as of
15 Feb 2023
Net transactions value
-$424,421
Form type
4
Filing time
17 Feb 2023, 15:20:33 UTC
Previous filing
14 Feb 2023
Next filing
15 Feb 2024
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 +33,222 +9% 401,074 15 Feb 2023 Direct F1
transaction ESI Common Stock, par value $0.01 per share Tax liability $316,747 -15,391 -3.8% $20.58 385,683 15 Feb 2023 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,691 +0.96% 389,374 15 Feb 2023 Direct F3
transaction ESI Common Stock, par value $0.01 per share Tax liability $39,616 -1,925 -0.49% $20.58 387,449 15 Feb 2023 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,311 +0.85% 390,760 15 Feb 2023 Direct F5
transaction ESI Common Stock, par value $0.01 per share Tax liability $31,590 -1,535 -0.39% $20.58 389,225 15 Feb 2023 Direct F6
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,822 +0.98% 393,047 15 Feb 2023 Direct F7
transaction ESI Common Stock, par value $0.01 per share Tax liability $36,468 -1,772 -0.45% $20.58 391,275 15 Feb 2023 Direct F8

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 -22,148 -100% 0 15 Feb 2023 Common Stock 33,222 $0.000000 Direct F1
transaction ESI Restricted Stock Units Options Exercise -3,691 -100% 0 15 Feb 2023 Common Stock 3,691 $0.000000 Direct F3
transaction ESI Restricted Stock Units Options Exercise -3,311 -50% 3,310 15 Feb 2023 Common Stock 3,311 $0.000000 Direct F5
transaction ESI Restricted Stock Units Options Exercise -3,822 -33% 7,642 15 Feb 2023 Common Stock 3,822 $0.000000 Direct F7
* 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 2/19/20 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 2/17/21 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 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.
F8 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 7 above.