Gloria L. Valdez - 16 Jul 2021 Form 4 Insider Report for ESCO TECHNOLOGIES INC (ESE)

Role: Director
Signature: Jeffrey D. Fisher, Attorney-In-Fact
Issuer symbol: ESE
Transactions as of: 16 Jul 2021
Net transactions value: +$420
Form type: 4
Filing time: 20 Jul 2021, 15:47:03 UTC
Next filing: 18 Oct 2021
SEC: View on sec.gov

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	ESE	Common Stock Equivalents	Award	$420	+4	+0.08%	$95.00	5,258	16 Jul 2021	Common Stock	4		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common Stock Equivalents issued in lieu of cash dividends on the Common Stock Equivalents held by the director on the record date. Each Common Stock Equivalent is the economic equivalent of one share of common stock. A portion of the Common Stock Equivalents representing dividends on unvested shares become payable in Common Stock and/or cash when the underlying shares vest or concurrently with the distribution of the underlying shares if the director has so designated. The remaining Common Stock Equivalents become payable in common stock upon, or at the election of the reporting person in installments beginning upon the termination of the reporting person's service as a director or such earlier time as the director may have designated.

Content

Common Stock Equivalents issued in lieu of cash dividends on the Common Stock Equivalents held by the director on the record date. Each Common Stock Equivalent is the economic equivalent of one share of common stock. A portion of the Common Stock Equivalents representing dividends on unvested shares become payable in Common Stock and/or cash when the underlying shares vest or concurrently with the distribution of the underlying shares if the director has so designated. The remaining Common Stock Equivalents become payable in common stock upon, or at the election of the reporting person in installments beginning upon the termination of the reporting person's service as a director or such earlier time as the director may have designated.

Remarks:

Exhibit 24: Power of Attorney