Michele Campion - 14 Sep 2022 Form 4 Insider Report for ESAB Corp (ESAB)

Role
Chief Human Resources Officer
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Issuer symbol
ESAB
Transactions as of
14 Sep 2022
Net transactions value
-$24,963
Form type
4
Filing time
16 Sep 2022, 18:00:23 UTC
Previous filing
16 May 2022
Next filing
22 Feb 2023
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 $.001 Options Exercise +1,156 +168% 1,844 14 Sep 2022 Direct F1
transaction ESAB Common stock, par value $.001 Tax liability $15,111 -385 -21% $39.25 1,459 14 Sep 2022 Direct F2
transaction ESAB Common stock, par value $.001 Options Exercise +753 +52% 2,212 14 Sep 2022 Direct F1
transaction ESAB Common stock, par value $.001 Tax liability $9,852 -251 -11% $39.25 1,961 14 Sep 2022 Direct 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 Restricted Stock Units Options Exercise $0 -1,156 -50% $0.000000 1,155 14 Sep 2022 Common stock, par value $0.001 1,156 Direct F1, F3
transaction ESAB Restricted Stock Units Options Exercise $0 -753 -50% $0.000000 753 14 Sep 2022 Common stock, par value $0.001 753 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represented a contingent right to receive one share of common stock of ESAB Corporation.
F2 Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
F3 These restricted stock units vest and become exercisable in two equal installments. 50% of the restricted stock units vested on September 14, 2022 and the remainder will vest on September 14, 2023.