Carl Douglas Anderson II - 14 Aug 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
14 Aug 2024
Net transactions value
-$305,775
Form type
4
Filing time
16 Aug 2024, 16:27:55 UTC
Previous filing
01 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +20,656 20,656 14 Aug 2024 Direct F1
transaction AXTA Common Shares Tax liability $305,775 -9,060 -44% $33.75 11,596 14 Aug 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 -20,656 -33% $0.000000 41,313 14 Aug 2024 Common Shares 20,656 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 August 14, 2023, the reporting person was granted 61,969 restricted stock units, vesting in three equal annual installments beginning on August 14, 2024.