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Element Solutions Inc — Director's Dealing 2016
Mar 25, 2016
30916_dirs_2016-03-25_cf4ce4fb-88da-4554-b7e5-e023d4616a09.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Platform Specialty Products Corp (PAH)
CIK: 0001590714
Period of Report: 2016-03-25
Reporting Person: Khattri Sanjiv (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-25 | Performance Stock Units | $ | A | 47170 | Acquired | Common Stock (47170) | Direct | |
| 2016-03-25 | Restricted Stock Units | $ | A | 23585 | Acquired | Common Stock (23585) | Direct | |
| 2016-03-25 | Stock Option (Right to Buy) | $7.95 | A | 45956 | Acquired | Common Stock (45956) | Direct |
Footnotes
F1: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock and will vest upon the achievements of certain performance levels based on (i) return on invested capital, as measured from January 1, 2016 to December 31, 2018, and (ii) annual compound total shareholder return, as measured from March 16, 2016 to March 15, 2019. The number of shares reported in column 7 may range from zero to a maximum number of 117,925 shares.
F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and will vest on March 15, 2019, subject to continuous service.
F3: 1/3 of the option shares will vest annually on March 16 over the next three years, subject to continuous service as of each such date.