Ian G. H. Ashken - 06 Jun 2023 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
Issuer symbol
ESI
Transactions as of
06 Jun 2023
Net transactions value
$0
Form type
4
Filing time
07 Jun 2023, 16:19:26 UTC
Previous filing
05 Jun 2023
Next filing
20 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 +6,367 6,367 06 Jun 2023 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other -6,367 -100% 0 06 Jun 2023 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other +6,367 +0.47% 1,348,895 06 Jun 2023 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 -6,367 -100% 0 06 Jun 2023 Common Stock 6,367 $0.000000 Direct F1
transaction ESI Restricted Stock Units Award +7,365 7,365 06 Jun 2023 Common Stock 7,365 $0.000000 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 6/6/2023. 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 6/6/2024 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 of 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.