Shelley J. Bausch - 15 Feb 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: President, Glbl Indu. Coatings
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 15 Feb 2024
Net transactions value: -$49,093
Form type: 4
Filing time: 20 Feb 2024, 17:43:55 UTC
Previous filing: 05 Feb 2024
Next filing: 01 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXTA	Common Shares	Options Exercise		+3,701	+15%		28,652	15 Feb 2024	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$49,093	-1,558	-5.4%	$31.51	27,094	15 Feb 2024	Direct	F2

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	AXTA	Restricted Stock Units	Options Exercise	$0	-3,701	-50%	$0.000000	3,702	15 Feb 2024	Common Shares	3,701		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common shares on a one-for-one basis.
F2	Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
F3	On February 15, 2022, the reporting person was granted 11,104 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.