Hadi Awada - Feb 15, 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Alex Tablin-Wolf, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 15, 2024
Transactions value $
-$56,308
Form type
4
Date filed
2/20/2024, 05:46 PM
Previous filing
Dec 5, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +3.7K +25.25% 18.4K Feb 15, 2024 Direct F1
transaction AXTA Common Shares Tax liability -$56.3K -1.79K -9.73% $31.51 16.6K Feb 15, 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 -3.7K -49.99% $0.00 3.7K Feb 15, 2024 Common Shares 3.7K 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 February 15, 2022, the reporting person was granted 11,104 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.