Shyam Kambeyanda - 22 Feb 2024 Form 4 Insider Report for ESAB Corp (ESAB)

Role
President and CEO, Director
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Issuer symbol
ESAB
Transactions as of
22 Feb 2024
Net transactions value
-$113,804
Form type
4
Filing time
26 Feb 2024, 17:28:08 UTC
Previous filing
21 Feb 2024
Next filing
07 Mar 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 +2,510 +5.5% 48,209 22 Feb 2024 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $113,804 -1,213 -2.5% $93.82 46,996 22 Feb 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 -2,510 -100% $0.000000* 0 22 Feb 2024 Common stock, par value $0.001 2,510 Direct F1, F3
transaction ESAB Employee Stock Option (right to buy) Award $0 +36,992 $0.000000 36,992 22 Feb 2024 Common stock, par value $0.001 36,992 $93.82 Direct F4
transaction ESAB Restricted Stock Units Award $0 +13,399 $0.000000 13,399 22 Feb 2024 Common stock, par value $0.001 13,399 Direct F1, F5
* 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 These restricted stock units vested on February 22, 2024. No restricted stock units from this grant remain outstanding.
F4 These employee stock options vest and become exercisable in three equal, annual installments beginning on the first anniversary of the grant date.
F5 These restricted stock units vest in three equal, annual installments beginning on the first anniversary of the grant date.