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Axalta Coating Systems Ltd. — Director's Dealing 2018
Feb 6, 2018
30907_dirs_2018-02-06_863a0d33-083d-44a9-b3e9-7a59941811a7.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: 2018-02-02
Reporting Person: Lannon Sean M. (VP Corp Fin & Controller, PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-02 | Common Shares | M | 2957 | — | Acquired | 14243 | Direct |
| 2018-02-05 | Common Shares | S | 1080 | $30.77 | Disposed | 13163 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-02 | Restricted Stock Unit | $ | M | 2957 | Disposed | Common Shares (2957) | Direct |
Footnotes
F1: Restricted stock units convert into common shares on a one-for-one basis.
F2: The sales reported in the 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 unit award.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $30.76 to $30.78. 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: On February 2, 2016, the reporting person was granted 8,874 restricted stock units, vesting in three equal annual installments beginning on February 2, 2017.