William H Doherty Form 3 AXIALL / WILLIAM H DOHERTY ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

DOHERTY WILLIAM H

(Last) (First) (Middle)

1000 ABERNATHY ROAD, SUITE 1200

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/23/2015

3. Issuer Name and Ticker or Trading Symbol
AXIALL CORP/DE/ [ AXLL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr. Vice President Chemicals

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
AXLL Common Stock	7,802	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(1)	02/28/2016	AXLL Common Stock	800(1)	722.75	D
Employee Stock Option (right to buy)	(2)	02/27/2017	AXLL Common Stock	1,423(2)	510.75	D
Employee Stock Option (right to buy)	(3)	02/26/2018	AXLL Common Stock	1,000(3)	168	D

Explanation of Responses:

1. These stock options became exercisable in three equal annual installments. The first installment became exercisable on February 28, 2007 and the next two installments became exercisable on February 28, 2008 and February 28, 2009.

2. These stock options became exercisable in three equal annual installments. The first installment became exercisable on February 27, 2008 and the next two installments became exercisable on February 27, 2009 and February 27, 2010.

3. These stock options became exercisable in three equal annual installments. The first installment became exercisable on February 26, 2009 and the next two installments became exercisable on February 26, 2010 and February 26, 2011.

	/s/ William H. Doherty	07/27/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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