SEC Form 4 · accession 0001209191-18-049983

Axalta Coating Systems Ltd. · AXTA

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

Reporting owner

Director

Period of report

Sep 4, 2018

Accepted (ET)

Sep 6, 2018 · 9:06 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 Shares	Sep 4, 2018	M	250,000	$8.88	A	690,828	D
Common Shares^F2	Sep 4, 2018	S	250,000	$29.73	D	440,828	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option^F3	$8.88	Sep 4, 2018	M	250,000	D	—	Jul 30, 2023	Common Shares	250,000	902,287	D
Restricted Stock Unit^F4,F5	—	Sep 4, 2018	A	2,180	A	—	—	Common Shares	2,180	2,180	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan duly adopted by the reporting person.
F2The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $29.50 to $30.43. 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.
F3This option vested in five equal 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.
F4Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
F5This restricted stock unit grant vests in full on February 21, 2019.