Leon J. Olivier - Jan 19, 2022 Form 4 Insider Report for ESCO TECHNOLOGIES INC (ESE)

Role
Director
Signature
J. D. Fisher, Attorney-in-fact
Stock symbol
ESE
Transactions as of
Jan 19, 2022
Transactions value $
$2,554
Form type
4
Date filed
1/21/2022, 01:48 PM
Previous filing
Jan 10, 2022
Next filing
Feb 7, 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 Restricted Share Units Award $2.55K +29.2 +0.09% $87.40 32K Jan 19, 2022 Common Stock 29.2 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Units (RSUs) issued in lieu of cash dividends on the RSUs held by the director on the record date. Eash RSU is the economic equivalent of one share of common stock. A portion of the RSU 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 RSUs 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:

Power of Attorney on file