Filing Details
- Accession Number:
- 0001590714-19-000119
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-06-13 17:04:45
- Reporting Period:
- 2019-06-11
- Accepted Time:
- 2019-06-13 17:04:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1590714 | Element Solutions Inc | ESI | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1259543 | Rakesh Sachdev | C/O Element Solutions Inc 500 East Broward Boulevard, Suite 127 Fort Lauderdale FL 33394 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2019-06-11 | 183,824 | $7.95 | 897,895 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2019-06-11 | 155,060 | $10.71 | 742,835 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2019-06-11 | 28,764 | $10.71 | 714,071 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Incentive Stock Option (Right to Buy) | Disposition | 2019-06-11 | 183,824 | $7.95 | 183,824 | $7.95 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-07-31 | No | 4 | M | Direct |
Footnotes
- Represents a net exercise of the stock options described in footnote 3 previously reported on 3/25/16.The reporting person received 28,764 shares of the Issuer's common stock on net exercise to purchase 183,824 shares. 155,060 shares were delivered to cover payment of the exercise price and tax withholdings.
- This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.69 to $10.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- These options vested and became exercisable in annual 1/3 increments on 3/16/17 and 3/16/18. The remaining 1/3 vested and became exercisable on 1/31/19 in connection with the reporting person's retirement as the Issuer's Chief Executive Officer.
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