SEC Form 4/A · accession 0001209191-16-102838
Axalta Coating Systems Ltd. · AXTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Orlando Antonio Bustos
Director
Period of report
Jul 6, 2015
Accepted (ET)
Feb 26, 2016 · 4:11 pm EST
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 SharesF1,F2,F3 | Jul 6, 2015 | M | 52,821 | $5.92 | A | 52,821 | I | See Footnote |
| Common SharesF1,F2,F3 | Jul 6, 2015 | M | 719 | $7.21 | A | 53,540 | I | See Footnote |
| Common SharesF1,F2,F3 | Jul 6, 2015 | M | 8,258 | $7.21 | A | 61,798 | I | See Footnote |
| Common SharesF1,F2,F3 | Jul 6, 2015 | M | 28,534 | $8.88 | A | 90,332 | I | See Footnote |
| Common SharesF5,F2,F3 | Jul 6, 2015 | S | 20,000 | $32.51 | D | 70,332 | I | See Footnote |
| Common SharesF6,F7,F3 | Jul 7, 2015 | M | 78,175 | $8.88 | A | 148,507 | I | See Footnote |
| Common SharesF8,F7,F3 | Jul 7, 2015 | S | 1,957 | $33.54 | D | 146,550 | I | See Footnote |
| Common SharesF9,F7,F3 | Jul 7, 2015 | S | 43,043 | $32.98 | D | 103,507 | I | See Footnote |
| Common SharesF10,F11,F3 | Jul 8, 2015 | M | 16,541 | $8.88 | A | 120,048 | I | See Footnote |
| Common SharesF12,F11,F3 | Jul 8, 2015 | S | 15,741 | $32.54 | D | 104,307 | I | See Footnote |
| Common SharesF13,F11,F14 | Jul 8, 2015 | S | 800 | $33.22 | D | 103,507 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF3,F15 | $5.92 | Jul 6, 2015 | M | 52,821 | D | — | Jul 30, 2023 | Common Shares | 52,821 | 0 | I |
| Employee Stock OptionsF3,F16 | $7.21 | Jul 6, 2015 | M | 8,977 | D | — | May 5, 2024 | Common Shares | 8,977 | 0 | I |
| Employee Stock OptionsF3,F15 | $8.88 | Jul 6, 2015 | M | 28,534 | D | — | Jul 30, 2023 | Common Shares | 28,534 | 94,716 | I |
| Employee Stock OptionsF3,F15 | $8.88 | Jul 7, 2015 | M | 78,175 | D | — | Jul 30, 2023 | Common Shares | 78,175 | 16,541 | I |
| Employee Stock OptionsF3,F15 | $8.88 | Jul 8, 2015 | M | 16,541 | D | — | Jul 30, 2023 | Common Shares | 16,541 | 0 | I |
Explanation of responses
- F1Amount amended to correct number of option shares exercised by reporting person on July 6, 2015.
- F10Amount amended to correct number of option shares exercised by reporting person on July 8, 2015.
- F11Amount amended to correct number of shares beneficially owned following reported transaction on July 8, 2015.
- F12The 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.
- F13The 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.
- F14On August 19, 2015, the reporting person transferred shares held indirectly by OHorizons Global to a personal account.
- F15This option vested in five 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.
- F16This 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.
- F2Amount amended to correct number of shares beneficially owned following reported transaction on July 6, 2015.
- F3By OHorizons Global, of which the reporting person is Chairman and Chief Executive Officer.
- F4The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan duly adopted by the reporting person.
- F5The 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.
- F6Amount amended to correct number of option shares exercised by reporting person on July 7, 2015.
- F7Amount amended to correct number of shares beneficially owned following reported transaction on July 7, 2015.
- F8The 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.
- F9The 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.