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Element Solutions Inc — Director's Dealing 2018
Jun 5, 2018
30916_dirs_2018-06-05_355809ca-5197-46b4-8802-d443d4506064.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: 2018-06-05
Reporting Person: ASHKEN IAN G H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-05 | Common Stock, par value $0.01 per share | M | 7861 | — | Acquired | 7861 | Direct |
| 2018-06-05 | Common Stock, par value $0.01 per share | J | 7861 | — | Disposed | 0 | Direct |
| 2018-06-05 | Common Stock, par value $0.01 per share | J | 7861 | — | Acquired | 7861 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-05 | Restricted Stock Units | $ | M | 7861 | Disposed | Common Stock (7861.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 227880 | Indirect |
| Common Stock, par value $0.01 per share | 1182937 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock, par value $0.01 per share | $ | Common Stock (119992.0) | 119992 | Indirect |
Footnotes
F1: This transaction represents the settlement of restricted stock units ("RSUs") previously reported which vested on 06/05/2018. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F2: The shares are held by a revocable trust. Mr. Ashken is the trustee of this trust and may be considered to have beneficial ownership of the trust's interests in the Issuer.
F3: Each share of Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of the Issuer's common stock for no additional consideration. The Series A Preferred Stock shall automatically convert into the Issuer's common stock upon the earlier to occur of (i) a change of control of the Issuer or (ii) December 31, 2020 (unless extended in accordance with the terms of the Series A Preferred Stock).