Joseph J. D'Ambrisi - 13 Feb 2024 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
13 Feb 2024
Net transactions value
-$385,538
Form type
4
Filing time
15 Feb 2024, 17:40:36 UTC
Previous filing
17 Feb 2023
Next filing
12 Jul 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 +28,804 +7.4% 420,079 13 Feb 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Sale $314,383 -13,551 -3.2% $23.20 406,528 13 Feb 2024 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +2,795 +0.69% 409,323 13 Feb 2024 Direct F3
transaction ESI Common Stock, par value $0.01 per share Sale $30,067 -1,296 -0.32% $23.20 408,027 13 Feb 2024 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +3,821 +0.94% 411,848 15 Feb 2024 Direct F5
transaction ESI Common Stock, par value $0.01 per share Sale $41,087 -1,771 -0.43% $23.20 410,077 15 Feb 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 -19,864 -100% 0 13 Feb 2024 Common Stock 28,804 $0.000000 Direct F1
transaction ESI Restricted Stock Units Options Exercise -2,795 -33% 5,588 13 Feb 2024 Common Stock 2,795 $0.000000 Direct F3
transaction ESI Restricted Stock Units Options Exercise -3,821 -50% 3,821 15 Feb 2024 Common Stock 3,821 $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 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.