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Axalta Coating Systems Ltd. — Director's Dealing 2015
May 13, 2015
30907_dirs_2015-05-13_7127e079-ad46-44f1-8767-df5edfa60f74.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Axalta Coating Systems Ltd. (AXTA)
CIK: 0001616862
Period of Report: 2015-05-11
Reporting Person: Finn Michael F. (SVP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-11 | Common Shares | M | 24799 | $5.92 | Acquired | 134557 | Direct |
| 2015-05-11 | Common Shares | M | 17360 | $8.88 | Acquired | 151917 | Direct |
| 2015-05-11 | Common Shares | S | 54083 | $32.00 | Disposed | 97834 | Direct |
| 2015-05-11 | Common Shares | S | 22469 | $32.44 | Disposed | 75365 | Direct |
| 2015-05-12 | Common Shares | M | 34718 | $8.88 | Acquired | 110083 | Direct |
| 2015-05-12 | Common Shares | S | 67925 | $32.55 | Disposed | 42158 | Direct |
| 2015-05-12 | Common Shares | A | 61538 | $0.00 | Acquired | 103696 | Direct |
| 2015-05-12 | Common Shares | A | 11538 | $0.00 | Acquired | 115234 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-11 | Employee Stock Option | $5.92 | M | 24799 | Disposed | 2023-07-30 | Common Shares (24799) | Direct |
| 2015-05-11 | Employee Stock Option | $8.88 | M | 17360 | Disposed | 2023-07-30 | Common Shares (17360) | Direct |
| 2015-05-12 | Employee Stock Option | $8.88 | M | 34718 | Disposed | 2023-07-30 | Common Shares (34718) | Direct |
| 2015-05-12 | Employee Stock Option | $32.50 | A | 44818 | Acquired | 2025-05-11 | Common Shares (44818) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan duly adopted by the reporting person.
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $31.20 to $ 32.19. 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.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $32.20 to $ 32.75. 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.
F4: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $32.13 to $ 33.03. 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.
F5: This restricted stock grant vests in two equal annual installments beginning on the second anniversary of the grant date.
F6: This restricted stock grant vests in three equal annual installments beginning on the first anniversary of the grant date.
F7: This 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.
F8: This option vests in three equal annual installments beginning on the first anniversary of the grant date.