Ian G. H. Ashken - 04 Jun 2024 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
04 Jun 2024
Net transactions value
$0
Form type
4
Filing time
05 Jun 2024, 16:55:22 UTC
Previous filing
08 May 2024
Next filing
18 Jun 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 +7,365 7,365 04 Jun 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other -7,365 -100% 0 04 Jun 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Other +7,365 7,365 04 Jun 2024 By Trust F1, F2
holding ESI Common Stock, par value $0.01 per share 1,353,995 04 Jun 2024 By Tasburgh, LLC F3

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 -7,365 -100% 0 04 Jun 2024 Common Stock 7,365 $0.000000 Direct F1
transaction ESI Restricted Stock Units Award +6,045 6,045 04 Jun 2024 Common Stock 6,045 $0.000000 Direct F4
* 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 6/4/24. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F2 The shares are held by a revocable trust. Mr. Ashken is the trustee of this trust and may be considered to have beneficial ownership of the trust's interests in the Issuer. Mr. Ashken disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F3 Includes 5,100 shares acquired via dividend reinvestment due to a broker clerical error.
F4 Each RSU represents a right to receive one share of the Issuer's common stock. These RSUs will vest on the earlier of 6/4/25 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.