Christopher M. Hix - 22 Feb 2023 Form 4 Insider Report for ESAB Corp (ESAB)

Role
Director
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Issuer symbol
ESAB
Transactions as of
22 Feb 2023
Net transactions value
-$48,228
Form type
4
Filing time
24 Feb 2023, 17:00:45 UTC
Previous filing
22 Feb 2023
Next filing
28 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 $0.001 Options Exercise +1,673 +4.7% 37,481 22 Feb 2023 Direct F1
transaction ESAB Common stock, par value $0.001 Sale $48,228 -837 -2.2% $57.62 36,644 23 Feb 2023 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 -1,673 -50% $0.000000 1,673 22 Feb 2023 Common stock, par value $0.001 1,673 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 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 One-third of these restricted stock units vested on February 17, 2023. The remaining restricted stock units will vest in two equal annual installments on February 17, 2024 and February 17, 2025.