Renato Negro - Oct 25, 2023 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, 2023
Transactions value $: -$40,005
Form type: 4
Date filed: 10/26/2023, 06:00 PM
Previous filing: Mar 21, 2023
Next filing: Nov 27, 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		+1.92K	+97.47%		3.9K	Oct 25, 2023	Direct	F1
transaction	ESAB	Common stock, par value $0.001	Tax liability	-$40K	-641	-16.45%	$62.41	3.26K	Oct 25, 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	-1.92K	-50%	$0.00	1.92K	Oct 25, 2023	Common stock, par value $0.001	1.92K		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 vest and become exercisable in three equal installments. One-third of the restricted stock units vested on October 25, 2022 and one-third of the restricted stock units vested on October 25, 2023. The remainder will vest on October 25, 2024.