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