Form 4 for AXTA Axalta Coating Systems Ltd.
Accepted 2023-01-17 00:00:00 ET · period of report 2023-01-12 · accession 0001209191-23-003572 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-17 | 2023-01-12 | AXTA | SACHDEV RAKESH | Dir | M - OptEx | — | +155.3K | 165.7K | +1,505% | — |
| D | 2023-01-17 | 2023-01-12 | AXTA | SACHDEV RAKESH | Dir | F - Tax | $27.61 | -44.5K | 121.2K | -27% | -$1.23M |
| D | 2023-01-17 | 2023-01-12 | AXTA | SACHDEV RAKESH | Dir | M - OptEx | $0.00 | -155.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-01-12 | M | A | 155,337 | — | 165,657 | D | — | — | (F1) Restricted stock units convert into common shares on a one-for-one basis. |
| 2 | Common | Common Shares | 2023-01-12 | F | D | 44,469 | $27.61 | 121,188 | D | — | — | (F2) Represents shares withheld to satisfy a portion of the tax withholding obligation applicable to the vesting of a restricted stock unit award. The reporting person paid $600,000 in cash in satisfaction of the remaining tax withholding obligation. |
| 3 | Derivative | Restricted Stock Units | 2023-01-12 | M | D | 155,337 | $0.00 | 0 | D | — · — to — | 155,337 Common Shares | (F1) Restricted stock units convert into common shares on a one-for-one basis. (F3) On August 31, 2022, the reporting person was granted 233,009 restricted stock units. |