Renato Negro - Nov 22, 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
Nov 22, 2023
Transactions value $
-$5,367
Form type
4
Date filed
11/27/2023, 06:00 PM
Previous filing
Oct 26, 2023
Next filing
Feb 21, 2024

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 +204 +6.27% 3.46K Nov 22, 2023 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$5.37K -68 -1.97% $78.93 3.39K Nov 22, 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 -204 -33.22% $0.00 410 Nov 22, 2023 Common stock, par value $0.001 204 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 November 22, 2023 and the remainder will vest in equal installments on November 22, 2024 and November 22, 2025.