Vusa Mlingo - Feb 17, 2024 Form 4 Insider Report for ESAB Corp (ESAB)

Role
SVP, Strategy & Business Dev.
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Feb 17, 2024
Transactions value $
-$48,573
Form type
4
Date filed
2/21/2024, 06:35 PM
Previous filing
Jan 11, 2024
Next filing
Feb 26, 2024

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 +1.65K +30.53% 7.06K Feb 17, 2024 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$48.6K -520 -7.37% $93.41 6.54K Feb 17, 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 -1.65K -50% $0.00 1.65K Feb 17, 2024 Common stock, par value $0.001 1.65K 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 This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The remaining restricted stock units will vest on February 17, 2025.