Axalta Coating Systems Ltd. — Director's Dealing 2020

Feb 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Axalta Coating Systems Ltd. (AXTA)
CIK: 0001616862
Period of Report: 2020-02-05

Reporting Person: Lannon Sean M. (SVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-05	Common Shares	M	866	$0.00	Acquired	21041	Direct
2020-02-05	Common Shares	F	461	$29.87	Disposed	20580	Direct
2020-02-06	Common Shares	M	848	$0.00	Acquired	21428	Direct
2020-02-06	Common Shares	F	407	$29.72	Disposed	21021	Direct
2020-02-06	Common Shares	M	4714	$0.00	Acquired	25735	Direct
2020-02-06	Common Shares	F	2335	$29.72	Disposed	23400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-05	Restricted Stock Units	$	M	866	Disposed		Common Shares (866)	Direct
2020-02-06	Restricted Stock Units	$	M	848	Disposed		Common Shares (848)	Direct
2020-02-06	Performance Share Units	$	M	4714	Disposed		Common Shares (4714)	Direct

Footnotes

F1: Restricted stock units convert into common shares on a one-for-one basis.

F2: Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a restricted stock unit award.

F3: Performance share units convert into common shares on a one-for-one basis.

F4: Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a performance share unit award.

F5: On February 5, 2018, the reporting person was granted 2,599 restricted stock units, vesting in three equal annual installments beginning on February 5, 2019.

F6: On February 6, 2017, the reporting person was granted 2,544 restricted stock units, vesting in three equal annual installments beginning on February 6, 2018.

F7: Represents the vesting of a performance share unit award granted on February 6, 2017, as previously reported by the Issuer, at 92.65% of target.