Axalta Coating Systems Ltd. — Director's Dealing 2023

Jan 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Axalta Coating Systems Ltd. (AXTA)
CIK: 0001616862
Period of Report: 2023-01-12

Reporting Person: SACHDEV RAKESH (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-12	Common Shares	M	155337	—	Acquired	165657	Direct
2023-01-12	Common Shares	F	44469	$27.61	Disposed	121188	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-12	Restricted Stock Units	$	M	155337	Disposed		Common Shares (155337)	Direct

Footnotes

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

F2: Represents shares withheld to satisfy a portion of the tax withholding obligation applicable to the vesting of a restricted stock unit award. The reporting person paid $600,000 in cash in satisfaction of the remaining tax withholding obligation.

F3: On August 31, 2022, the reporting person was granted 233,009 restricted stock units.