SEC Form 4 · accession 0001590714-17-000100
Element Solutions Inc · ESI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Stanley Oneal
Director
Period of report
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 6:42 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 | — | — | — | 50,314 | D | ||
| Common Stock, par value $0.01 per share | holding | — | — | — | 238,784 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 5, 2017 | A | 7,861 | A | — | — | Common Stock | 7,861 | 7,861 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2These RSUs will vest on the earlier of June 5, 2018 and the date of the next annual meeting of stockholders of the Issuer, provided that Mr. O'Neal 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.