SEC Form 4 · accession 0001590714-18-000063
Element Solutions Inc · ESI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Goss
Director
Period of report
Jun 5, 2018
Accepted (ET)
Jun 5, 2018 · 5:05 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 shareF1 | Jun 5, 2018 | M | 7,861 | — | A | 124,120 | D | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 95,238 | I | By trust |
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 | — | Jun 5, 2018 | M | 7,861 | D | — | — | Common Stock | 7,861 | 0 | D |
Explanation of responses
- 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 securities are held by The Michael F Goss 2012 GST Non-Exempt Irrevocable Family Trust, Michael F Goss & R Bradford Malt Trustees U/Inst Dtd 9/27/2012 (the "Trust"). Mr. Goss is a trustee of the Trust and may be considered to have beneficial ownership of the Trust's interests in the Issuer. Mr. Goss disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.