Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ESAB | Common stock, par value $.001 | Options Exercise | +911 | +29.11% | 4.04K | Jul 25, 2022 | Direct | F1 | ||
transaction | ESAB | Common stock, par value $.001 | Sale | -$18.6K | -456 | -11.28% | $40.70 | 3.59K | Jul 27, 2022 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ESAB | Restricted Stock Units | Options Exercise | $0 | -911 | -49.97% | $0.00 | 912 | Jul 25, 2022 | Common stock, par value $0.001 | 911 | Direct | F1, F4 |
Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. |
F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to meet tax obligations relating to the vesting and delivery of certain restricted stock units. |
F3 | The original Form 4, filed on July 27, 2022, is being amended by this Form 4 amendment to correct an administrative error, which misreported 308 shares of ESAB Corporation common stock were sold pursuant to the reporting person's Rule 10b5-1 trading plan at $41.224 per share when in fact 456 shares of ESAB Corporation common stock were sold pursuant to the reporting person's Rule 10b5-1 trading plan at $40.70 per share. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person. |
F4 | These restricted stock units vest and become exercisable in two equal installments. 50% of the restricted stock units vested on July 25, 2022 and the remainder will vest on July 25, 2023. |