Patrick W. Allender - Apr 5, 2022 Form 4 Insider Report for ESAB Corp (ESAB)

Role: Director
Signature: Curtis E. Jewell, Attorney-in-Fact
Stock symbol: ESAB
Transactions as of: Apr 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/7/2022, 09:41 PM
Previous filing: Mar 21, 2022
Next filing: Apr 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESAB	Common stock, par value $0.001	Award	$0	+6.67K		$0.00	6.67K	Apr 5, 2022	By Trust	F1
transaction	ESAB	Common stock, par value $0.001	Award	$0	+7.88K		$0.00	7.88K	Apr 5, 2022	By JWA Irrevocable Trust #1	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+9.17K		$0.00	9.17K	Apr 5, 2022	By JWA GRAT #4	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+19.3K		$0.00	19.3K	Apr 5, 2022	By JWA GRAT #5	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+30K		$0.00	30K	Apr 5, 2022	By JWA Irrevocable Trust #2	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ESAB	Stock Option (right to buy)	Award	$0	+2.32K		$0.00	2.32K	Apr 5, 2022	Common stock, par value $0.001	2.32K	$63.37	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+3.81K		$0.00	3.81K	Apr 5, 2022	Common stock, par value $0.001	3.81K	$31.10	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+3.4K		$0.00	3.4K	Apr 5, 2022	Common stock, par value $0.001	3.4K	$49.42	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+4.25K		$0.00	4.25K	Apr 5, 2022	Common stock, par value $0.001	4.25K	$40.55	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+5.57K		$0.00	5.57K	Apr 5, 2022	Common stock, par value $0.001	5.57K	$33.02	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+4.73K		$0.00	4.73K	Apr 5, 2022	Common stock, par value $0.001	4.73K	$33.33	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired in the pro-rata spin-off distribution (the "Spin-Off") by Colfax Corporation ("Colfax") of the shares of ESAB Corporation ("ESAB").
F2	The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
F3	In connection with the Spin-Off, each outstanding Colfax stock option was converted into an award of options to purchase shares of ESAB common stock pursuant to the terms of the employee matters agreement between Colfax and ESAB in connection with the Spin-Off. The number of underlying shares was adjusted in a manner intended to preserve the aggregate intrinsic value of the original Colfax stock option.