Shelley J. Bausch - 01 Jul 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: President, Glbl Indu. Coatings
Signature: /s/ Mark Sherman, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 01 Jul 2024
Net transactions value: -$227,104
Form type: 4
Filing time: 03 Jul 2024, 16:26:44 UTC
Previous filing: 02 May 2024
Next filing: 30 Jul 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		+18,795	+57%		51,906	01 Jul 2024	Direct	F1
transaction	AXTA	Common Shares	Tax liability	$227,104	-6,739	-13%	$33.70	45,167	01 Jul 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	-18,795	-100%	$0.000000^*	0	01 Jul 2024	Common Shares	18,795		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 January 1, 2021, the reporting person was granted 31,325 restricted stock units, vesting 20% on each of the first and second anniversaries and 60% on the 42-month anniversary of the grant date.