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

Role
Chief Human Resources Officer
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Sep 14, 2022
Transactions value $
-$24,963
Form type
4
Date filed
9/16/2022, 06:00 PM
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 +1.16K +168.02% 1.84K Sep 14, 2022 Direct F1
transaction ESAB Common stock, par value $.001 Tax liability -$15.1K -385 -20.88% $39.25 1.46K Sep 14, 2022 Direct F2
transaction ESAB Common stock, par value $.001 Options Exercise +753 +51.61% 2.21K Sep 14, 2022 Direct F1
transaction ESAB Common stock, par value $.001 Tax liability -$9.85K -251 -11.35% $39.25 1.96K Sep 14, 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 -1.16K -50.02% $0.00 1.16K Sep 14, 2022 Common stock, par value $0.001 1.16K Direct F1, F3
transaction ESAB Restricted Stock Units Options Exercise $0 -753 -50% $0.00 753 Sep 14, 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.