Axalta Coating Systems Ltd. — Director's Dealing 2019

Mar 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Axalta Coating Systems Ltd. (AXTA)
CIK: 0001616862
Period of Report: 2019-03-04

Reporting Person: SHAVER CHARLES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-04	Common Shares	M	152287	$8.88	Acquired	394656	Direct
2019-03-04	Common Shares	M	97713	$8.88	Acquired	492369	Direct
2019-03-04	Common Shares	S	250000	$26.80	Disposed	242369	Direct
2019-03-05	Common Shares	M	75892	$8.88	Acquired	318261	Direct
2019-03-05	Common Shares	M	174108	$11.84	Acquired	492369	Direct
2019-03-05	Common Shares	S	250000	$26.61	Disposed	242369	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-04	Employee Stock Option	$8.88	M	152287	Disposed	2023-07-30	Common Shares (152287)	Direct
2019-03-04	Employee Stock Option	$8.88	M	97713	Disposed	2024-05-22	Common Shares (97713)	Direct
2019-03-05	Employee Stock Option	$8.88	M	75892	Disposed	2024-05-22	Common Shares (75892)	Direct
2019-03-05	Employee Stock Option	$11.84	M	174108	Disposed	2023-07-30	Common Shares (174108)	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 $26.56 to $27.19. 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 $26.48 to $26.94. 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: 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.

F5: This option vested in five equal annual installments beginning on May 21, 2015. 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.