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Element Solutions Inc — Director's Dealing 2019
Jun 7, 2019
30916_dirs_2019-06-07_583a34a1-5e5e-4aa6-a673-5954c21acba4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Element Solutions Inc (ESI)
CIK: 0001590714
Period of Report: 2019-06-05
Reporting Person: ONEAL E STANLEY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-05 | Common Stock, par value $0.01 per share | M | 8741 | — | Acquired | 248623 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-05 | Restricted Stock Units | $0.0 | M | 8741 | Disposed | Common Stock (8741.0) | Direct | |
| 2019-06-05 | Restricted Stock Units | $0.0 | A | 9681 | Acquired | Common Stock (9681.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 57077 | Indirect |
Footnotes
F1: This transaction represents the settlement of restricted stock units ("RSUs") previously reported which vested on 6/5/19. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
F2: Reflects the following distributions on 9/13/18 of 149,992 shares of the Issuer's common stock previously reported as indirectly held by the reporting person's GRAT: 92,915 shares distributed to the reporting person, now held directly, and 57,077 shares distributed to the reporting person's family trust, of which the reporting person is a trustee. The reporting person disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock. These RSUs will vest on the earlier of June 5, 2020 and the date of the next annual meeting of stockholders of the Issuer, provided that the reporting person continues to serve as a director of the Issuer through and on such vesting date. The RSUs may, in certain circumstances, become immediately vested as of the date of a change in control of the Issuer.