SEC Form 4 · accession 0001590714-19-000013
Element Solutions Inc · ESI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin E Franklin
Director · 10% Owner · Other
Period of report
Jan 30, 2019
Accepted (ET)
Feb 1, 2019 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590714
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | $0.00 | Jan 30, 2019 | A | 400,000 | A | — | — | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1The vesting of these performance stock units ("PRSUs") is subject to the achievement by the Issuer of the performance target in any fiscal year ending on or before December 31, 2022. Each PRSU represents a contingent right to receive one share of the Issuer's common stock.