Michael Goralski - Feb 13, 2024 Form 4 Insider Report for Element Solutions Inc (ESI)

Role
Former EVP, Head of I&S
Signature
/s/ John E. Capps as Attorney-in-Fact for Michael Goralski
Stock symbol
ESI
Transactions as of
Feb 13, 2024
Transactions value $
-$296,334
Form type
4
Date filed
2/15/2024, 05:41 PM
Previous filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESI Common Stock, par value $0.01 per share Options Exercise +21.9K +16.65% 154K Feb 13, 2024 Direct F1
transaction ESI Common Stock, par value $0.01 per share Sale -$239K -10.3K -6.7% $23.20 143K Feb 13, 2024 Direct F2
transaction ESI Common Stock, par value $0.01 per share Options Exercise +2.8K +1.95% 146K Feb 13, 2024 Direct F3
transaction ESI Common Stock, par value $0.01 per share Sale -$30.1K -1.3K -0.89% $23.20 145K Feb 13, 2024 Direct F4
transaction ESI Common Stock, par value $0.01 per share Options Exercise +2.52K +1.74% 147K Feb 15, 2024 Direct F5
transaction ESI Common Stock, par value $0.01 per share Sale -$27.1K -1.17K -0.79% $23.20 146K Feb 15, 2024 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESI Performance Stock Units Options Exercise -15.1K -100% 0 Feb 13, 2024 Common Stock 21.9K $0.00 Direct F1
transaction ESI Restricted Stock Units Options Exercise -2.8K -100% 0 Feb 13, 2024 Common Stock 2.8K $0.00 Direct F3
transaction ESI Restricted Stock Units Options Exercise -2.52K -100% 0 Feb 15, 2024 Common Stock 2.52K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Goralski is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents settlement of a performance restricted stock unit (PRSU) award granted on 2/17/2021 and previously reported. Each PRSU represented a contingent right to receive up to 2 shares of the Issuer's common stock.
F2 Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described above.
F3 Represents settlement of a restricted stock unit (RSU) award granted on 2/13/2023 and previously reported. Each RSU represented a contingent right to receive 1 share of the Issuer's common stock.
F4 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described above.
F5 Represents settlement of 1/3 of an RSU award granted on 2/15/2022 and previously reported. Each RSU represented a contingent right to receive 1 share of the Issuer's common stock.
F6 Represents shares withheld to satisfy the tax obligations due upon vesting of the RSUs described in footnote 5 above.