Hadi Awada - 03 Mar 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
03 Mar 2024
Net transactions value
-$54,469
Form type
4
Filing time
05 Mar 2024, 17:27:23 UTC
Previous filing
01 Mar 2024
Next filing
30 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3,845 +19% 23,672 03 Mar 2024 Direct F1
transaction AXTA Common Shares Tax liability $54,469 -1,677 -7.1% $32.48 21,995 03 Mar 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 -3,845 -100% $0.000000* 0 03 Mar 2024 Common Shares 3,845 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 March 3, 2021, the reporting person was granted 11,534 restricted stock units, vesting in three equal annual installments beginning on March 3, 2022.