Vusa Mlingo - 10 Jan 2025 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 2025
Net transactions value
-$130,800
Form type
4
Filing time
14 Jan 2025, 16:46:15 UTC
Previous filing
12 Mar 2024
Next filing
20 Feb 2025
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 +3,255 +47% 10,132 10 Jan 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $130,800 -1,137 -11% $115.04 8,995 10 Jan 2025 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 -3,255 -100% $0.000000 0 10 Jan 2025 Common stock, par value $0.001 3,255 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 the restricted stock units vested on January 10, 2023. Another third vested on January 10, 2024, and the remaining restricted stock units vested in full on January 10, 2025.