0001590714-20-000007.txt : 20200221 0001590714-20-000007.hdr.sgml : 20200221 20200221180952 ACCESSION NUMBER: 0001590714-20-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200219 FILED AS OF DATE: 20200221 DATE AS OF CHANGE: 20200221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gliklich Benjamin CENTRAL INDEX KEY: 0001630320 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36272 FILM NUMBER: 20641460 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: 371744899 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 EAST BROWARD BOULEVARD STREET 2: SUITE 1860 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 BUSINESS PHONE: 561-207-9600 MAIL ADDRESS: STREET 1: 500 EAST BROWARD BOULEVARD STREET 2: SUITE 1860 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 FORMER COMPANY: FORMER CONFORMED NAME: Platform Specialty Products Corp DATE OF NAME CHANGE: 20131031 4 1 wf-form4_158232657542243.xml FORM 4 X0306 4 2020-02-19 0 0001590714 Element Solutions Inc ESI 0001630320 Gliklich Benjamin C/O ELEMENT SOLUTIONS INC 500 EAST BROWARD BOULEVARD, SUITE 1860 FORT LAUDERDALE FL 33394 1 1 0 0 Chief Executive Officer Common Stock, par value $0.01 per share 2020-02-19 4 M 0 5691 A 104702 D Common Stock, par value $0.01 per share 2020-02-19 4 F 0 1842 12.04 D 102860 D Common Stock, par value $0.01 per share 2020-02-19 4 M 0 9869 A 112729 D Common Stock, par value $0.01 per share 2020-02-19 4 F 0 3193 12.04 D 109536 D Common Stock, par value $0.01 per share 2020-02-19 4 M 0 19736 A 129272 D Common Stock, par value $0.01 per share 2020-02-19 4 F 0 6403 12.04 D 122869 D Restricted Stock Units 0.0 2020-02-19 4 M 0 5691 D Common Stock 5691.0 5690 D Restricted Stock Units 0.0 2020-02-19 4 M 0 9869 D Common Stock 9869.0 0 D Performance Stock Units 0.0 2020-02-19 4 M 0 19736 D Common Stock 19736.0 0 D Performance Stock Units 0.0 2020-02-19 4 A 0 55374 A Common Stock 55374.0 55374 D Incentive Stock Options (Right to Buy) 12.25 2020-02-19 4 A 0 8163 0 A Common Stock 8163.0 8163 D Non-Qualified Stock Options (Right to Buy) 12.25 2020-02-19 4 A 0 66401 0 A Common Stock 66401.0 66401 D This transaction represents the settlement of restricted stock units ("RSUs") previously reported on 2/21/2018 of which 1/3 vested on 2/19/2020. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the RSUs described above. This transaction represents the settlement of RSUs previously reported on 2/23/2017 which vested on 2/19/2020. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the RSUs described in footnote 3. This transaction represents the settlement of 19,736 performance restricted stock units ("PRSUs") previously reported on 2/23/2017 which vested on 2/19/2020 upon Compensation Committee certification of performance achievement. Each PRSU represented the right to receive between zero and 2.5 shares of the Issuer's common stock. Shares of the Issuer's common stock delivered solely to satisfy the tax withholding obligations due upon the vesting of the PRSUs described in footnote 4. Each PRSU represents a contingent right to receive up to 1.5 shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and adjusted earnings per share goals for the performance period ending 12/31/2022. The number of shares reported in Column 7 will range from zero to 83,061 shares. 1/3 of each of these options will vest annually on February 19th over the next three years. /s/ Benjamin Gliklich 2020-02-21