SEC Form 4 · accession 0001209191-15-060158

Axalta Coating Systems Ltd. · AXTA

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Orlando Antonio Bustos

Director

Period of report

Jul 6, 2015

Accepted (ET)

Jul 8, 2015 · 5:57 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001616862

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares^F1	Jul 6, 2015	M	9,637	$5.92	A	9,637	I	See Footnote
Common Shares^F1	Jul 6, 2015	M	2,554	$7.21	A	12,191	I	See Footnote
Common Shares^F1	Jul 6, 2015	M	7,809	$8.88	A	20,000	I	See Footnote
Common Shares^F3,F1	Jul 6, 2015	S	20,000	$32.51	D	0	I	See Footnote
Common Shares^F1	Jul 7, 2015	M	45,000	$8.88	A	45,000	I	See Footnote
Common Shares^F4,F1	Jul 7, 2015	S	1,957	$33.54	D	43,043	I	See Footnote
Common Shares^F5,F1	Jul 7, 2015	S	43,043	$32.98	D	0	I	See Footnote
Common Shares^F1	Jul 8, 2015	M	16,541	$8.88	A	16,541	I	See Footnote
Common Shares^F6,F1	Jul 8, 2015	S	15,741	$32.54	D	800	I	See Footnote
Common Shares^F7,F1	Jul 8, 2015	S	800	$33.22	D	0	I	See Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options^F1,F8	$5.92	Jul 6, 2015	M	9,637	D	—	Jul 30, 2023	Common Shares	9,637	43,184	I
Employee Stock Options^F1,F9	$7.21	Jul 6, 2015	M	2,554	D	—	May 5, 2024	Common Shares	2,554	6,423	I
Employee Stock Options^F1,F8	$8.88	Jul 6, 2015	M	7,809	D	—	Jul 30, 2023	Common Shares	7,809	115,441	I
Employee Stock Options^F1,F8	$8.88	Jul 7, 2015	M	45,000	D	—	Jul 30, 2023	Common Shares	45,000	70,441	I
Employee Stock Options^F1,F8	$8.88	Jul 8, 2015	M	16,541	D	—	Jul 30, 2023	Common Shares	16,541	53,900	I

Explanation of responses

F1By OHorizons Global, of which the reporting person is Chairman and Chief Executive Officer.
F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan duly adopted by the reporting person.
F3The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $32.04 to $ 32.76. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $33.50 to $ 33.58. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $32.50 to $ 33.49. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $32.17 to $33.16. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $33.17 to $ 33.29. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8This option vested in five equal annual installments beginning on January 1, 2014. On April 8, 2015, this option vested in full in accordance with the terms of the Axalta Coating Systems Bermuda Co., Ltd. 2013 Equity Incentive Plan.
F9This option vested in five equal annual installments beginning on May 5, 2014. On April 8, 2015, this option vested in full in accordance with the terms of the Axalta Coating Systems Bermuda Co., Ltd. 2013 Equity Incentive Plan.