SEC Form 4 · accession 0001209191-16-120411
Axalta Coating Systems Ltd. · AXTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph F. McDougall
Officer — SVP&Chief Human Resources Off.
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 4:51 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 SharesF1,F2 | May 13, 2016 | S | 1,879 | $27.95 | D | 97,820 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan duly adopted by the reporting person in order to satisfy withholding taxes upon vesting of restricted common shares granted on May 12, 2015. This award vests ratably in three annual installments on the first, second and third anniversaries of the grant date.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $27.93 to $27.97. 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.