Element Solutions Inc — Director's Dealing 2022

Feb 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Element Solutions Inc (ESI)
CIK: 0001590714
Period of Report: 2022-02-15

Reporting Person: FRANKLIN MARTIN E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-15	Common Stock, par value $0.01 per share	M	400000	—	Acquired	400000	Direct
2022-02-15	Common Stock, par value $0.01 per share	J	400000	—	Disposed	0	Direct
2022-02-15	Common Stock, par value $0.01 per share	J	400000	—	Acquired	900000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-15	Performance Stock Units	$0.0	M	400000	Disposed		Common Stock (400000.0)	Direct
2022-02-15	Performance Stock Units	$0.0	A	300000	Acquired		Common Stock (300000.0)	Direct

Footnotes

F1: Represents settlement of a performance stock unit ("PRSU") award granted on 1/30/2019 and previously reported. Each PRSU represented a contingent right to receive one share of the Issuer's common stock.

F2: The vesting of these PRSUs is subject to the achievement by the Issuer of a performance target of adjusted earnings per share of $2.72 per annum by December 31, 2026. The actual number of shares earned will be determined by applying a total shareholder return (TSR) multiplier based on the Issuer's TSR relative to the applicable benchmark index for the performance period. The TSR multiplier will range from 0.85 to 1.15.