Axalta Coating Systems Ltd. — Director's Dealing 2017

Feb 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Axalta Coating Systems Ltd. (AXTA)
CIK: 0001616862
Period of Report: 2017-02-06

Reporting Person: Lannon Sean M. (VP Corp Fin & Controller, PAO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-06	Performance Share Units	$	A	5088	Acquired		Common Shares (5088)	Direct
2017-02-06	Restricted Stock Units	$	A	2544	Acquired		Common Shares (2544)	Direct
2017-02-06	Employee Stock Option	$29.48	A	9765	Acquired	2027-02-05	Common Shares (9765)	Direct

Footnotes

F1: Each performance share unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.

F2: The number of performance share units issued under this award on the third anniversary of the grant date may range from zero to 200% of the number of performance share units set forth above based upon the Company's relative total shareholder return during the three-year performance cycle ending December 31, 2019.

F3: Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.

F4: This restricted stock grant vests in three equal annual installments beginning on the first anniversary of the grant date.

F5: This option vests in three equal annual installments beginning on the first anniversary of the grant date.