SEC Form 4 · accession 0001209191-18-008264

Axalta Coating Systems Ltd. · AXTA

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

Reporting owner

Officer — SVP & Pres., Indus. Coatings

Period of report

Feb 5, 2018

Accepted (ET)

Feb 7, 2018 · 7:51 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
Common Shares^F2	Feb 5, 2018	S	1,667	$30.67	D	150,750	D
Common Shares^F3	Feb 5, 2018	A	18,450	$0.00	A	169,200	D
Common Shares^F4	Feb 5, 2018	A	9,225	$0.00	A	178,425	D
Common Shares	Feb 7, 2018	S	1,267	$30.40	D	177,158	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option^F5	$29.81	Feb 5, 2018	A	35,073	A	—	Feb 4, 2028	Common Shares	35,073	35,073	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading instruction to satisfy the reporting person's tax withholding obligation upon vesting of a portion of a restricted stock award.
F2The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $30.67 to $30.68. 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.
F3The 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, 2020.
F4This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.
F5This option vests in three equal annual installments beginning on the first anniversary of the grant date.