SEC Form 4 · accession 0001590714-16-000126

Element Solutions Inc · ESI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Apr 8, 2016

Accepted (ET)

Apr 8, 2016 · 4:47 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001590714

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.01 per share	holding	—	—		—	171,555	I	By Tasburgh LLC
Common Stock, par value $0.01 per share	holding	—	—		—	1,182,937	I	By Mariposa Acquisition, LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Apr 8, 2016	A	11,325	A	—	—	Common Stock	11,325	11,325	D
Series A Preferred Stock, par value $0.01 per share^F3	—	holding	—	—	—	—	—	Common Stock	119,992	119,992	I

F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2These RSUs will vest on April 4, 2017, provided that the Reporting Person continues to serve as a director of the Issuer through and on such vesting date. The RSUs may, in certain circumstances, become immediately vested as of the date of a change in control of the Issuer.
F3Each share of Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of the Issuer's common stock for no additional consideration. The Series A Preferred Stock shall automatically convert into the Issuer's common stock upon the earlier to occur of (i) a change of control of the Issuer or (ii) December 31, 2020 (unless extended in accordance with the terms of the Series A Preferred Stock).