SEC Form 4 · accession 0001590714-18-000062

Element Solutions Inc · ESI

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

Reporting owner

Director

Period of report

Jun 5, 2018

Accepted (ET)

Jun 5, 2018 · 5:04 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^F1	Jun 5, 2018	M	7,861	—	A	7,861	D
Common Stock, par value $0.01 per share^F1	Jun 5, 2018	J	7,861	—	D	0	D
Common Stock, par value $0.01 per share^F1,F2	Jun 5, 2018	J	7,861	—	A	7,861	I	By Trust
Common Stock, par value $0.01 per share	holding	—	—		—	227,880	I	By IGHA Holdings, LLLP
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	—	Jun 5, 2018	M	7,861	D	—	—	Common Stock	7,861	0	D
Series A Preferred Stock, par value $0.01 per share^F3	—	holding	—	—	—	—	—	Common Stock	119,992	119,992	I

F1This transaction represents the settlement of restricted stock units ("RSUs") previously reported which vested on 06/05/2018. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F2The shares are held by a revocable trust. Mr. Ashken is the trustee of this trust and may be considered to have beneficial ownership of the trust's interests in 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).