Robert J. Phillippy - Jan 20, 2023 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 20, 2023
Transactions value $
$1,675
Form type
4
Date filed
1/24/2023, 11:45 AM
Previous filing
Jan 5, 2023
Next filing
Feb 8, 2023

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 $1.68K +17.9 +0.09% $93.33 18.9K Jan 20, 2023 Common Stock 17.9 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 becomes 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. Any 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