Renato Negro - Oct 25, 2022 Form 4 Insider Report for ESAB Corp (ESAB)

Role
Controller, PAO
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Oct 25, 2022
Transactions value $
-$23,576
Form type
4
Date filed
12/7/2022, 07:00 PM
Previous filing
Apr 7, 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 +1.92K 1.92K Oct 25, 2022 Direct F1
transaction ESAB Common stock, par value $.001 Tax liability -$23.6K -641 -33.32% $36.78 1.28K Oct 25, 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 -1.92K -33.34% $0.00 3.85K Oct 25, 2022 Common stock, par value $0.001 1.92K Direct F1, F3
transaction ESAB Restricted Stock Units Award $0 +614 $0.00 614 Nov 22, 2022 Common stock, par value $0.001 614 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 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 three equal installments. One-third of the restricted stock units vested on October 25, 2022 and the remainder will vest in equal installments on October 25, 2023 and October 25, 2024.
F4 These restricted stock units vest and become exercisable in three equal annual installments beginning on November 22, 2023.