Vusa Mlingo - 10 Jan 2024 Form 4 Insider Report for ESAB Corp (ESAB)

Role
SVP, Strategy & Business Dev.
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Issuer symbol
ESAB
Transactions as of
10 Jan 2024
Net transactions value
-$93,817
Form type
4
Filing time
11 Jan 2024, 19:36:30 UTC
Previous filing
21 Mar 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESAB Common stock, par value $0.001 Options Exercise +3,253 +100% 6,518 10 Jan 2024 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $93,817 -1,110 -17% $84.52 5,408 10 Jan 2024 Direct F2

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 ESAB Restricted Stock Units Options Exercise $0 -3,253 -50% $0.000000 3,255 10 Jan 2024 Common stock, par value $0.001 3,253 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
F2 Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
F3 One-third of these restricted stock units vested on January 10, 2024. One-third of this grant previously vested on January 10, 2023 and the remaining restricted stock units will vest in full on January 10, 2025.