0001628280-24-008259.txt : 20240301
0001628280-24-008259.hdr.sgml : 20240301
20240301164802
ACCESSION NUMBER: 0001628280-24-008259
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240228
FILED AS OF DATE: 20240301
DATE AS OF CHANGE: 20240301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Weaver Troy D.
CENTRAL INDEX KEY: 0001829891
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36733
FILM NUMBER: 24710816
MAIL ADDRESS:
STREET 1: AXALTA COATING SYSTEMS
STREET 2: 2001 MARKET STREET 36TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Axalta Coating Systems Ltd.
CENTRAL INDEX KEY: 0001616862
STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 981073028
STATE OF INCORPORATION: D0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1050 CONSTITUTION AVENUE
CITY: PHILADELPHIA
STATE: PA
ZIP: 19112
BUSINESS PHONE: (855) 629-2582
MAIL ADDRESS:
STREET 1: 1050 CONSTITUTION AVENUE
CITY: PHILADELPHIA
STATE: PA
ZIP: 19112
4
1
wk-form4_1709329669.xml
FORM 4
X0508
4
2024-02-28
0
0001616862
Axalta Coating Systems Ltd.
AXTA
0001829891
Weaver Troy D.
1050 CONSTITUTION AVENUE
PHILADELPHIA
PA
19112
0
1
0
0
President, Global Refinish
0
Common Shares
2024-02-28
4
M
0
4474
A
62337
D
Common Shares
2024-02-28
4
F
0
1901
32.48
D
60436
D
Common Shares
2024-02-28
4
M
0
2198
A
62634
D
Common Shares
2024-02-28
4
F
0
934
32.48
D
61700
D
Restricted Stock Units
2024-02-28
4
M
0
4474
0
D
Common Shares
4474
8949
D
Performance Share Units
2024-02-28
4
M
0
2198
0
D
Common Shares
2198
0
D
Restricted Stock Units
2024-02-28
4
A
0
13856
0
A
Common Shares
13856
13856
D
Restricted stock units convert into common shares on a one-for-one basis.
Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
Performance share units convert into common shares on a one-for-one basis.
Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a performance share unit award.
On February 28, 2023, the reporting person was granted 13,423 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.
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.
Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.
/s/ Alex Tablin-Wolf, attorney-in-fact
2024-03-01