SEC Form 4 · accession 0001209191-17-008791
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
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 5:31 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 | Feb 6, 2017 | A | 15,264 | $0.00 | A | 111,644 | D | |
| Common SharesF2 | Feb 6, 2017 | A | 7,632 | $0.00 | A | 119,276 | 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 OptionF3 | $29.48 | Feb 6, 2017 | A | 29,295 | A | — | Feb 5, 2027 | Common Shares | 29,295 | 29,295 | D |
Explanation of responses
- F1The number of performance shares issued under this award on the third anniversary of the grant date may range from zero to 200% of the number of shares set forth above based upon the Company's relative total shareholder return during the three-year performance cycle ending December 31, 2019.
- F2This restricted stock grant vests in three equal annual installments beginning on the first anniversary of the grant date.
- F3This option vests in three equal annual installments beginning on the first anniversary of the grant date.