Curtis E. Jewell - Jul 25, 2022 Form 4/A - Amendment Insider Report for ESAB Corp (ESAB)

Signature
/s/ Curtis Jewell
Stock symbol
ESAB
Transactions as of
Jul 25, 2022
Transactions value $
-$13,919
Form type
4/A - Amendment
Date filed
7/29/2022, 06:00 PM
Date Of Original Report
Jul 27, 2022
Previous filing
May 16, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESAB Common stock, par value $.001 Options Exercise +683 +172.04% 1.08K Jul 25, 2022 Direct F1
transaction ESAB Common stock, par value $.001 Sale -$13.9K -342 -31.67% $40.70 738 Jul 27, 2022 Direct F2, F3
holding ESAB Common stock, par value $.001 351 Jul 25, 2022 By 401K Plan

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 Restricted Stock Units Options Exercise $0 -683 -49.96% $0.00 684 Jul 25, 2022 Common stock, par value $0.001 683 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 231 shares of ESAB Corporation common stock were sold pursuant to the reporting person's 10b5-1 plan at $41.224 per share when in fact 342 shares of ESAB Corporation common stock were sold pursuant to the reporting person's 10b5-1 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.