Element Solutions Inc — Director's Dealing 2019

Jun 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Element Solutions Inc (ESI)
CIK: 0001590714
Period of Report: 2019-06-05

Reporting Person: ASHKEN IAN G H (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	8741	Direct
2019-06-05	Common Stock, par value $0.01 per share	J	8741	—	Disposed	0	Direct
2019-06-05	Common Stock, par value $0.01 per share	J	8741	—	Acquired	16602	Indirect

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	548880	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	$0.0		Common Stock (119992.0)	119992	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: The shares are held by a revocable trust. The reporting person is the trustee of this trust and may be considered to have beneficial ownership of the trust's interests in the Issuer.

F3: Each RSU represents a 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.

F4: 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 their terms).