0001590714-19-000057.txt : 20190319
0001590714-19-000057.hdr.sgml : 20190319
20190319165309
ACCESSION NUMBER: 0001590714-19-000057
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190315
FILED AS OF DATE: 20190319
DATE AS OF CHANGE: 20190319
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: 19692028
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_155302877379761.xml
FORM 4
X0306
4
2019-03-15
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
2019-03-15
4
M
0
50159
A
145423
D
Common Stock
2019-03-15
4
M
0
15723
A
161146
D
Common Stock
2019-03-18
4
F
0
20817
10.45
D
140329
D
Performance Stock Units
0.0
2019-03-15
4
M
0
50159
D
Common Stock
50159.0
0
D
Restricted Stock Units
0.0
2019-03-15
4
M
0
15723
D
Common Stock
15723.0
0
D
This transaction represents the settlement of performance restricted stock units ("PRSUs") previously reported on 4/8/16 which vested on 3/15/19 upon achievement by the Issuer of certain performance levels based on the Issuer's (i) return on invested capital, as measured from 1/1/16 to 12/31/18, and (ii) annual compound total shareholder return, as measured from 3/16/16 to 3/15/19. Each PRSU represented a contingent right to receive on average between one and 2.5 shares of the Issuer's common stock.
This transaction represents the settlement of 15,723 restricted stock units ("RSUs") previously reported on 4/8/16 which vested on 3/15/19. Each RSU represented a contingent right to receive one share of the Issuer's common stock.
This number represents the aggregate number of shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the PRSUs and RSUs described above.
/s/ Scot R. Benson
2019-03-19