Alex Tablin-Wolf - 15 Feb 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
15 Feb 2024
Net transactions value
-$28,201
Form type
4
Filing time
20 Feb 2024, 17:59:13 UTC
Previous filing
05 Jan 2024
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +1,735 +34% 6,765 15 Feb 2024 Direct F1
transaction AXTA Common Shares Tax liability $28,201 -895 -13% $31.51 5,870 15 Feb 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 -1,735 -50% $0.000000 1,735 15 Feb 2024 Common Shares 1,735 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 5,205 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.