Leon J. Olivier - Oct 15, 2021 Form 4 Insider Report for ESCO TECHNOLOGIES INC (ESE)

Role: Director
Signature: Kimberly M. Chapman, Attorney-in-fact
Stock symbol: ESE
Transactions as of: Oct 15, 2021
Transactions value $: $2,344
Form type: 4
Date filed: 10/18/2021, 04:11 PM
Previous filing: Jul 20, 2021
Next filing: Jan 5, 2022

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	$2.34K	+27.7	+0.09%	$84.51	29.3K	Oct 15, 2021	Common Stock	27.7		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