Didier P. Teirlinck - Apr 7, 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 7, 2022
Transactions value $
$0
Form type
4
Date filed
4/7/2022, 09:51 PM
Previous filing
Feb 3, 2023
Next filing
May 16, 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 +8,842 $0.00 8,842 Apr 5, 2022 Direct F1

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 +4,254 $0.00 4,254 Apr 5, 2022 Common stock, par value $0.001 4,254 $40.55 Direct F2
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 F2
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 F2

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 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.