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 |
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 |
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. |