VINOD M. KHILNANI - 03 Jan 2023 Form 4 Insider Report for ESCO TECHNOLOGIES INC (ESE)

Role
Director
Signature
J. D. Fisher, Attorney-in-fact
Issuer symbol
ESE
Transactions as of
03 Jan 2023
Net transactions value
-$60.8
Form type
4
Filing time
05 Jan 2023, 12:41:51 UTC
Previous filing
12 Dec 2022
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESE Common Stock Options Exercise $177,306 +2,038 +9.2% $87.00 24,137 03 Jan 2023 Direct F1

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 ESE Restricted Share Units Options Exercise $177,306 -2,038 -100% $87.00 1 03 Jan 2023 Common Stock 2,038 $0.000000 Direct F1, F2
transaction ESE Restricted Share Units Disposed to Issuer $60.8 -1 -100% $87.00 0 03 Jan 2023 Common Stock 1 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of restricted share units (RSUs) acquired during 2022, conversion of whole number of vested RSUs into the same number of underlying whole shares of common stock, and disposition of remaining fractional RSUs to the issuer in exchange for cash at rate per share equal to NYSE closing price on vesting date.
F2 RSUs were granted January 3, 2022, vesting one year after grant date.

Remarks:

Power of Attorney on file