Hadi Awada - Jul 27, 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: President, Glbl Mob. Coatings
Signature: /s/ Mark Sherman, attorney-in-fact
Stock symbol: AXTA
Transactions as of: Jul 27, 2024
Transactions value $: -$247,333
Form type: 4
Date filed: 7/30/2024, 04:34 PM
Previous filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXTA	Common Shares	Options Exercise		+16.3K	+73.96%		38.3K	Jul 27, 2024	Direct	F1
transaction	AXTA	Common Shares	Tax liability	-$247K	-7.09K	-18.54%	$34.87	31.2K	Jul 27, 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	-16.3K	-100%	$0.00^*	0	Jul 27, 2024	Common Shares	16.3K		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 July 27, 2022, the reporting person was granted 32,533 restricted stock units, vesting in two equal annual installments on the first and second anniversaries of the grant date.