Rakesh Sachdev - Feb 28, 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
Director
Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 04:30 PM
Previous filing
Feb 5, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +6.71K +5.24% 135K Feb 28, 2024 Direct F1

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 -6.71K -100% $0.00* 0 Feb 28, 2024 Common Shares 6.71K Direct F1, F2
transaction AXTA Restricted Stock Units Award $0 +6.16K $0.00 6.16K Feb 28, 2024 Common Shares 6.16K Direct F3, F4
* 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 On February 28, 2023, the reporting person was granted 6,711 restricted stock units, vesting in full on February 28, 2024.
F3 Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
F4 This restricted stock unit grant vests in full on the first anniversary of the grant date.