Carey J. Dorman - Feb 13, 2024 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
Stock symbol
ESI
Transactions as of
Feb 13, 2024
Transactions value $
-$375,469
Form type
4
Date filed
2/15/2024, 05:39 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 +31.5K +20.68% 184K Feb 13, 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Sale -$292K -12.6K -6.83% $23.20 172K Feb 13, 2024 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +5.59K +3.26% 177K Feb 13, 2024 Direct F3
transaction ESI Common Stock, par value $0.01 per share Sale -$51K -2.2K -1.24% $23.20 175K Feb 13, 2024 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3.58K +2.05% 179K Feb 15, 2024 Direct F5
transaction ESI Common Stock, par value $0.01 per share Sale -$32.7K -1.41K -0.79% $23.20 177K Feb 15, 2024 Direct F6
holding ESI Common Stock, par value $0.01 per share 645 Feb 13, 2024 By Spouse F7

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 -21.8K -100% 0 Feb 13, 2024 Common Stock 31.5K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -5.59K -33.33% 11.2K Feb 13, 2024 Common Stock 5.59K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -3.58K -50.01% 3.58K Feb 15, 2024 Common Stock 3.58K $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 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.
F7 Previously reported as held directly by the registrant.