Robert J. Phillippy - Jul 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: Jul 19, 2022
Transactions value $: $1,672
Form type: 4
Date filed: 7/20/2022, 12:58 PM
Previous filing: Jul 11, 2022
Next filing: Sep 12, 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	$1.67K	+23.7	+0.11%	$70.68	20.9K	Jul 19, 2022	Common Stock	23.7		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. Each 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.

Content

Restricted Share Units (RSUs) issued in lieu of cash dividends on the RSUs held by the director on the record date. Each 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