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