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Element Solutions Inc — Director's Dealing 2020
Mar 10, 2020
30916_dirs_2020-03-10_f876f836-aec0-4b06-9df1-db242a5bd85e.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: 2020-03-06
Reporting Person: Benson Scot (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-06 | Common Stock, par value $0.01 per share | M | 10212 | $7.95 | Acquired | 205445 | Direct |
| 2020-03-06 | Common Stock, par value $0.01 per share | P | 15000 | $9.77 | Acquired | 220445 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-06 | Stock Option (Right to Buy) | $7.95 | M | 10212 | Disposed | 2026-03-17 | Common Stock (10212.0) | Direct |
Footnotes
F1: Represents the number of shares of the Issuer's common stock received upon the stock options exercise described in footnote 3. None of the 10,212 shares were sold to satisfy the exercise price or tax withholdings due upon the stock options exercise.
F2: This price is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $9.74 to $9.77, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
F3: These options vested and became exercisable in 1/3 increments on March 16 of each year following their grant date of March 16, 2016. This award is fully vested.