InsiderTrades

Form 4 for ESI Element Solutions Inc

Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001590714-22-000008 · 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
DM 2022-02-17 2022-02-15 ESI Gliklich Benjamin Pres, CEO, Dir F - Tax $23.26 -392.4K 688.1K -36% -$9.13M
DM 2022-02-17 2022-02-15 ESI Gliklich Benjamin Pres, CEO, Dir M - OptEx — +997.3K 1.05M +2,056% —
DM 2022-02-17 2022-02-15 ESI Gliklich Benjamin Pres, CEO, Dir M - OptEx — -967.9K 0 -100% —
DM 2022-02-17 2022-02-15 ESI Gliklich Benjamin Pres, CEO, Dir A - Grant $0.00 +1.15M 1.00M New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock, par value $0.01 per share 2022-02-15 F D 34,701 $23.26 741,553 D — — (F4) Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described in footnote 3 above.
2 Common Common Stock, par value $0.01 per share 2022-02-15 M A 88,184 — 776,254 D — — (F3) Represents settlement of a PRSU award granted on 2/20/2019 and previously reported. Each PRSU represented a contingent right to receive up to 1.5 shares of the Issuer's common stock.
3 Common Common Stock, par value $0.01 per share 2022-02-15 M A 909,091 — 1,045,784 D — — (F1) Represents settlement of a performance stock unit ("PRSU") award granted on 1/30/2019 and previously reported. Each PRSU represented a contingent right to receive one share of the Issuer's common stock.
4 Common Common Stock, par value $0.01 per share 2022-02-15 F D 357,714 $23.26 688,070 D — — (F2) Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described in footnote 1 above.
5 Derivative Performance Stock Units 2022-02-15 M D 909,091 — 0 D $0.00 · — to — 909,091 Common Stock (F1) Represents settlement of a performance stock unit ("PRSU") award granted on 1/30/2019 and previously reported. Each PRSU represented a contingent right to receive one share of the Issuer's common stock.
6 Derivative Performance Stock Units 2022-02-15 A A 100,316 — 100,316 D $0.00 · — to — 100,316 Common Stock (F6) Each PRSU represents a contingent right to receive up to two shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and cash return on investment (CRI) goals for the performance period ending on December 31, 2024. The number of shares reported in Column 7 will range from zero to 200,632.
7 Derivative Restricted Stock Units 2022-02-15 A A 50,157 $0.00 50,157 D $0.00 · — to — 50,157 Common Stock (F7) Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant will vest in 1/3 increments over the next three years.
8 Derivative Performance Stock Units 2022-02-15 M D 58,789 — 0 D $0.00 · — to — 88,184 Common Stock (F3) Represents settlement of a PRSU award granted on 2/20/2019 and previously reported. Each PRSU represented a contingent right to receive up to 1.5 shares of the Issuer's common stock.
9 Derivative Performance Stock Units 2022-02-15 A A 1,000,000 — 1,000,000 D $0.00 · — to — 1,000,000 Common Stock (F5) The vesting of these PRSUs is subject to the achievement by the Issuer of a performance target of adjusted earnings per share of $2.72 per annum by December 31, 2026. The actual number of shares earned will be determined by applying a total shareholder return (TSR) multiplier based on the Issuer's TSR relative to the applicable benchmark index for the performance period. The TSR multiplier will range from 0.85 to 1.15.