0001590714-19-000056.txt : 20190319 0001590714-19-000056.hdr.sgml : 20190319 20190319170635 ACCESSION NUMBER: 0001590714-19-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190315 FILED AS OF DATE: 20190319 DATE AS OF CHANGE: 20190319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gliklich Benjamin CENTRAL INDEX KEY: 0001630320 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36272 FILM NUMBER: 19692287 MAIL ADDRESS: STREET 1: 245 FREIGHT STREET CITY: WATERBURY STATE: CT ZIP: 06702 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Element Solutions Inc CENTRAL INDEX KEY: 0001590714 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1450 CENTREPARK BOULEVARD STREET 2: SUITE 210 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 561-207-9600 MAIL ADDRESS: STREET 1: 1450 CENTREPARK BOULEVARD STREET 2: SUITE 210 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 FORMER COMPANY: FORMER CONFORMED NAME: Platform Specialty Products Corp DATE OF NAME CHANGE: 20131031 4 1 wf-form4_155302818444026.xml FORM 4 X0306 4 2019-03-15 0 0001590714 Element Solutions Inc ESI 0001630320 Gliklich Benjamin C/O ELEMENT SOLUTIONS INC 1450 CENTREPARK BLVD, SUITE 210 WEST PALM BEACH FL 33401 0 1 0 0 Chief Executive Officer Common Stock, par value $0.01 per share 2019-03-15 4 M 0 50159 A 71920 D Common Stock, par value $0.01 per share 2019-03-15 4 M 0 15723 A 87643 D Common Stock, par value $0.01 per share 2019-03-15 4 M 0 50000 A 137643 D Common Stock, par value $0.01 per share 2019-03-18 4 F 0 46132 10.47 D 91511 D Performance Stock Units 0.0 2019-03-15 4 M 0 50159 D Common Stock 50159.0 0 D Restricted Stock Units 0.0 2019-03-15 4 M 0 15723 D Common Stock 15723.0 0 D Performance Stock Units 0.0 2019-03-15 4 M 0 50000 D Common Stock 50000.0 0 D 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. This transaction represents the settlement of 15,723 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. This transaction represents the settlement of 50,000 PRSUs previously reported on 1/9/15 which vested on 3/15/19 upon achievement by the Issuer of a certain adjusted EBITDA target achieved for fiscal year 2018. The performance period applicable to this 6/12/14 grant was previously incorrectly reported due to a clerical error and is corrected herein. Each PRSU represented a contingent right to receive one share of the Issuer's common stock. 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. /s/ Benjamin Gliklich 2019-03-19