Curtis E. Jewell - 25 Jul 2022 Form 4/A - Amendment Insider Report for ESAB Corp (ESAB)

Role: SVP, General Counsel
Signature: /s/ Curtis Jewell
Issuer symbol: ESAB
Transactions as of: 25 Jul 2022
Net transactions value: -$13,919
Form type: 4/A - Amendment
Filing time: 29 Jul 2022, 18:00:29 UTC
Date Of Original Report: 27 Jul 2022
Previous filing: 16 May 2022
Next filing: 22 Feb 2023
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 $.001	Options Exercise		+683	+172%		1,080	25 Jul 2022	Direct	F1
transaction	ESAB	Common stock, par value $.001	Sale	$13,919	-342	-32%	$40.70	738	27 Jul 2022	Direct	F2, F3
holding	ESAB	Common stock, par value $.001						351	25 Jul 2022	By 401K Plan

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	-683	-50%	$0.000000	684	25 Jul 2022	Common stock, par value $0.001	683		Direct	F1, F4

* 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	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to meet tax obligations relating to the vesting and delivery of certain restricted stock units.
F3	The original Form 4, filed on July 27, 2022, is being amended by this Form 4 amendment to correct an administrative error, which misreported 231 shares of ESAB Corporation common stock were sold pursuant to the reporting person's 10b5-1 plan at $41.224 per share when in fact 342 shares of ESAB Corporation common stock were sold pursuant to the reporting person's 10b5-1 plan at $40.70 per share. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person.
F4	These restricted stock units vest and become exercisable in two equal installments. 50% of the restricted stock units vested on July 25, 2022 and the remainder will vest on July 25, 2023.