SEC Form 4 · accession 0001209191-16-095790
Axalta Coating Systems Ltd. · AXTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean M. Lannon
Officer — Global Controller, PAO
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001616862
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $23.24 | Feb 2, 2016 | A | 12,106 | A | — | Feb 1, 2026 | Common Shares | 12,106 | 12,106 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 2, 2016 | A | 8,874 | A | — | — | Common Shares | 8,874 | 8,874 | D |
Explanation of responses
- F1This option vests in three equal annual installments on the first anniversary of the grant date.
- F2Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
- F3This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.