Mount Patricia 4

Accession 0001590714-20-000011

CIK 0001590714other

View on SEC.gov Company Profile

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 6:14 PM ET

Size

25.7 KB

Accession

0001590714-20-000011

Insider Transaction Report

Form 4

Period: 2020-02-19

Element Solutions IncESI

Mount Patricia

VP, Program Mgt & Integration

Transactions

Exercise/Conversion
Common Stock, par value $0.01 per share
2020-02-19+1,084→ 32,789 total
Tax Payment
Common Stock, par value $0.01 per share
2020-02-19$12.04/sh−380$4,575→ 32,409 total
Exercise/Conversion
Common Stock, par value $0.01 per share
2020-02-19+2,481→ 34,890 total
Tax Payment
Common Stock, par value $0.01 per share
2020-02-19$12.04/sh−1,006$12,112→ 33,884 total
Exercise/Conversion
Common Stock, par value $0.01 per share
2020-02-19+5,038→ 38,922 total
Tax Payment
Common Stock, par value $0.01 per share
2020-02-19$12.04/sh−2,060$24,802→ 36,862 total
Exercise/Conversion
Restricted Stock Units
2020-02-19−1,084→ 1,084 total
Exercise: $0.00→ Common Stock (1,084 underlying)
Exercise/Conversion
Restricted Stock Units
2020-02-19−2,481→ 0 total
Exercise: $0.00→ Common Stock (2,481 underlying)
Exercise/Conversion
Performance Stock Units
2020-02-19−5,038→ 0 total
Exercise: $0.00→ Common Stock (5,038 underlying)
Award
Performance Stock Units
2020-02-19+6,922→ 6,922 total
Exercise: $0.00→ Common Stock (6,922 underlying)
Award
Incentive Stock Options (Right to Buy)
2020-02-19+8,029→ 8,029 total
Exercise: $12.25→ Common Stock (8,029 underlying)
Award
Non-Qualified Stock Options (Right to Buy)
2020-02-19+1,292→ 1,292 total
Exercise: $12.25→ Common Stock (1,292 underlying)

Footnotes (8)

[F1]This transaction represents the settlement of restricted stock units ("RSUs") previously reported on 12/20/2019 of which 1/3 vested on 2/19/2020. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
[F2]Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the RSUs described above.
[F3]This transaction represents the settlement of RSUs previously reported on 12/20/2019 which vested on 2/19/2020. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
[F4]Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the RSUs described in footnote 3.
[F5]This transaction represents the settlement of 5,038 performance restricted stock units ("PRSUs") previously reported on 12/20/2019 which vested on 2/19/2020 upon Compensation Committee certification of performance achievement. Each PRSU represented the right to receive between zero and 2.5 shares of the Issuer's common stock
[F6]Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the PRSUs described in footnote 4.
[F7]Each PRSU represents a contingent right to receive up to 1.5 shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and adjusted earnings per share goals for the performance period ending 12/31/2022. The number of shares reported in Column 7 will range from zero to 10,383 shares.
[F8]1/3 of each of these options will vest annually on February 19th over the next three years.

Documents

1 file

4
wf-form4_158232685455438.xmlPrimary
FORM 4

Issuer

Element Solutions Inc

CIK 0001590714

→

Entity typeother

Related Parties

filerCIK 0001457502

Filing Metadata

Form type: 4
Filed: Feb 20, 7:00 PM ET
Accepted: Feb 21, 6:14 PM ET
Size: 25.7 KB

View on SEC.gov