Benjamin Gliklich - Feb 13, 2024 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 13, 2024
Transactions value $
-$1,583,307
Form type
4
Date filed
2/15/2024, 05:36 PM
Previous filing
Jan 22, 2024

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 +137K +22.08% 758K Feb 13, 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Sale -$1.25M -54K -7.12% $23.20 704K Feb 13, 2024 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +19.6K +2.78% 724K Feb 13, 2024 Direct F3
transaction ESI Common Stock, par value $0.01 per share Sale -$179K -7.7K -1.06% $23.20 716K Feb 13, 2024 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +16.7K +2.33% 733K Feb 15, 2024 Direct F5
transaction ESI Common Stock, par value $0.01 per share Sale -$153K -6.58K -0.9% $23.20 726K Feb 15, 2024 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 -94.6K -100% 0 Feb 13, 2024 Common Stock 137K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -19.6K -33.33% 39.1K Feb 13, 2024 Common Stock 19.6K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -16.7K -50% 16.7K Feb 15, 2024 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 restricted stock unit (PRSU) award granted on 2/17/2021 and previously reported. Each PRSU represented a contingent right to receive up to 2 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 2/13/2023 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 an 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.