Shyam Kambeyanda - May 12, 2023 Form 4 Insider Report for ESAB Corp (ESAB)

Role
President and CEO, Director
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
May 12, 2023
Transactions value $
-$339,103
Form type
4
Date filed
5/16/2023, 06:00 PM
Previous filing
Mar 21, 2023
Next filing
Oct 2, 2023

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 +11.8K +30.77% 50.2K May 12, 2023 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$339K -5.7K -11.37% $59.45 44.5K May 12, 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 -11.8K -33.33% $0.00 23.6K May 12, 2023 Common stock, par value $0.001 11.8K 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 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 vested on May 12, 2023. The remaining restricted stock units will vest in two equal installments on May 12, 2024 and May 12, 2025.