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Element Solutions Inc Director's Dealing 2019

Mar 19, 2019

30916_dirs_2019-03-19_583ff22d-b1b1-4e60-a7bd-7513f15ec759.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: 2019-03-15

Reporting Person: SACHDEV RAKESH (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-15 Common Stock M 300944 Acquired 776804 Direct
2019-03-15 Common Stock M 94340 Acquired 871144 Direct
2019-03-18 Common Stock F 157073 $10.49 Disposed 714071 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-03-15 Performance Stock Units $0.0 M 300944 Disposed Common Stock (300944.0) Direct
2019-03-15 Restricted Stock Units $0.0 M 94340 Disposed Common Stock (94340.0) Direct

Footnotes

F1: This transaction represents the settlement of performance restricted stock units ("PRSUs") previously reported on 3/25/16 which vested on 3/15/19 upon achievement by the Issuer of certain performance levels based on the Issuer's (i) return on invested capital, as measured from 1/1/16 to 12/31/18, and (ii) annual compound total shareholder return, as measured from 3/16/16 to 3/15/19. Each PRSU represented a contingent right to receive on average between one and 2.5 shares of the Issuer's common stock.

F2: This transaction represents the settlement of 94,340 performance restricted stock units ("RSUs") previously reported on 3/25/16 which vested on 3/15/19. Each RSU represented a contingent right to receive one share of the Issuer's common stock.

F3: This number represents the aggregate number of shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the PRSUs and RSUs described above.