0001590714-19-000027.txt : 20190221 0001590714-19-000027.hdr.sgml : 20190221 20190221190708 ACCESSION NUMBER: 0001590714-19-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190219 FILED AS OF DATE: 20190221 DATE AS OF CHANGE: 20190221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Benson Scot CENTRAL INDEX KEY: 0001668767 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36272 FILM NUMBER: 19623587 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_155079401338506.xml FORM 4 X0306 4 2019-02-19 0 0001590714 Element Solutions Inc ESI 0001668767 Benson Scot C/O ELEMENT SOLUTIONS INC 1450 CENTREPARK BLVD, SUITE 210 WEST PALM BEACH FL 33401 0 1 0 0 President & COO Common Stock, par value $0.01 per share 2019-02-19 4 M 0 7317 A 97127 D Common Stock, par value $0.01 per share 2019-02-20 4 F 0 1863 11.34 D 95264 D Restricted Stock Units 0.0 2019-02-19 4 M 0 7317 D Common Stock 7317.0 14633 D Performance Stock Units 0.0 2019-02-20 4 A 0 58789 A Common Stock 58789.0 58789 D Incentive Stock Option (Right to Buy) 11.34 2019-02-20 4 A 0 8818 11.34 A Common Stock 8818.0 8818 D Non-Qualified Stock Option (Right to Buy) 11.34 2019-02-20 4 A 0 55409 11.34 A Common Stock 55409.0 55409 D This transaction represents the settlement of 7,317 restricted stock units ("RSUs") previously reported on 2/21/2018 which vested on 2/19/2019. Each RSU represented a contingent right to receive one share of the Issuer's common stock. This number represents shares of the Issuer's common stock withheld to satisfy the tax withholding obligations due upon the vesting of the RSUs described in footnote 1 above. As previously reported on 2/21/2018, this RSU grant vests in 1/3 annual increments since 2/19/2018, subject to continuous service. Each RSU represents a contingent right to receive one share of the Issuer's common stock. Each performance restricted stock unit represents a contingent right to receive one share of common stock of the Issuer, subject to the achievement of certain adjusted EBITDA compound annual growth and adjusted earnings per share goals for the performance period ending 12/31/2021. The number of shares reported in Column 7 will range from zero to 88,184 shares. 1/3 of each of these options will vest annually on February 20th over the next three years. /s/ Scot R. Benson 2019-02-21