PATRICK W. ALLENDER - 05 Apr 2022 Form 4 Insider Report for ESAB Corp (ESAB)

Role: Director
Signature: Curtis E. Jewell, Attorney-in-Fact
Issuer symbol: ESAB
Transactions as of: 05 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Apr 2022, 21:41:56 UTC
Previous filing: 21 Mar 2022
Next filing: 13 Apr 2022
SEC: View on sec.gov

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	+6,666		$0.000000	6,666	05 Apr 2022	By Trust	F1
transaction	ESAB	Common stock, par value $0.001	Award	$0	+7,882		$0.000000	7,882	05 Apr 2022	By JWA Irrevocable Trust #1	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+9,168		$0.000000	9,168	05 Apr 2022	By JWA GRAT #4	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+19,326		$0.000000	19,326	05 Apr 2022	By JWA GRAT #5	F1, F2
transaction	ESAB	Common stock, par value $0.001	Award	$0	+30,043		$0.000000	30,043	05 Apr 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	+2,318		$0.000000	2,318	05 Apr 2022	Common stock, par value $0.001	2,318	$63.37	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+3,810		$0.000000	3,810	05 Apr 2022	Common stock, par value $0.001	3,810	$31.10	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+3,400		$0.000000	3,400	05 Apr 2022	Common stock, par value $0.001	3,400	$49.42	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+4,254		$0.000000	4,254	05 Apr 2022	Common stock, par value $0.001	4,254	$40.55	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+5,567		$0.000000	5,567	05 Apr 2022	Common stock, par value $0.001	5,567	$33.02	Direct	F3
transaction	ESAB	Stock Option (right to buy)	Award	$0	+4,733		$0.000000	4,733	05 Apr 2022	Common stock, par value $0.001	4,733	$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.