4//SEC Filing
Awada Hadi 4
Accession 0001628280-24-008241
CIK 0001616862other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:38 PM ET
Size
16.4 KB
Accession
0001628280-24-008241
Insider Transaction Report
Form 4
Awada Hadi
President, Glbl Mob. Coatings
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-28−3,579→ 7,160 total→ Common Shares (3,579 underlying) - Exercise/Conversion
Performance Share Units
2024-02-28−2,198→ 0 total→ Common Shares (2,198 underlying) - Award
Restricted Stock Units
2024-02-28+11,085→ 11,085 total→ Common Shares (11,085 underlying) - Exercise/Conversion
Common Shares
2024-02-28+3,579→ 20,149 total - Tax Payment
Common Shares
2024-02-28$32.48/sh−1,561$50,701→ 18,588 total - Exercise/Conversion
Common Shares
2024-02-28+2,198→ 20,786 total - Tax Payment
Common Shares
2024-02-28$32.48/sh−959$31,148→ 19,827 total
Footnotes (8)
- [F1]Restricted stock units convert into common shares on a one-for-one basis.
- [F2]Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
- [F3]Performance share units convert into common shares on a one-for-one basis.
- [F4]Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a performance share unit award.
- [F5]On February 28, 2023, the reporting person was granted 10,739 restricted stock units, vesting in three equal annual installments beginning on February 28, 2023.
- [F6]Represents the vesting of a performance share unit award granted on March 3, 2021. The number of common shares issuable under the award may range from zero to 200% of the target number of performance share units (17,300) based upon the Company's achievement of certain performance objectives during the relevant performance periods as described in more detail in the Company's proxy statement filed with the SEC on April 22, 2022. Based upon the Company's achievement of such objectives for such periods, the performance share unit award vested at 12.7% of target.
- [F7]Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
- [F8]This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
Axalta Coating Systems Ltd.
CIK 0001616862
Entity typeother
Related Parties
1- filerCIK 0001828342
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:38 PM ET
- Size
- 16.4 KB