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 +Grant/Award $0 +6,666 $0.00 6,666 Apr 5, 2022 By Trust F1
transaction ESAB Common stock, par value $0.001 +Grant/Award $0 +7,882 $0.00 7,882 Apr 5, 2022 By JWA Irrevocable Trust #1 F1, F2
transaction ESAB Common stock, par value $0.001 +Grant/Award $0 +9,168 $0.00 9,168 Apr 5, 2022 By JWA GRAT #4 F1, F2
transaction ESAB Common stock, par value $0.001 +Grant/Award $0 +19,326 $0.00 19,326 Apr 5, 2022 By JWA GRAT #5 F1, F2
transaction ESAB Common stock, par value $0.001 +Grant/Award $0 +30,043 $0.00 30,043 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) +Grant/Award $0 +2,318 $0.00 2,318 Apr 5, 2022 Common stock, par value $0.001 2,318 $63.37 Direct F3
transaction ESAB Stock Option (right to buy) +Grant/Award $0 +3,810 $0.00 3,810 Apr 5, 2022 Common stock, par value $0.001 3,810 $31.10 Direct F3
transaction ESAB Stock Option (right to buy) +Grant/Award $0 +3,400 $0.00 3,400 Apr 5, 2022 Common stock, par value $0.001 3,400 $49.42 Direct F3
transaction ESAB Stock Option (right to buy) +Grant/Award $0 +4,254 $0.00 4,254 Apr 5, 2022 Common stock, par value $0.001 4,254 $40.55 Direct F3
transaction ESAB Stock Option (right to buy) +Grant/Award $0 +5,567 $0.00 5,567 Apr 5, 2022 Common stock, par value $0.001 5,567 $33.02 Direct F3
transaction ESAB Stock Option (right to buy) +Grant/Award $0 +4,733 $0.00 4,733 Apr 5, 2022 Common stock, par value $0.001 4,733 $33.33 Direct F3

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.