Curtis E. Jewell - 12 May 2024 Form 4 Insider Report for ESAB Corp (ESAB)

Role
SVP, General Counsel
Signature
/s/ Curtis E. Jewell
Issuer symbol
ESAB
Transactions as of
12 May 2024
Net transactions value
-$40,690
Form type
4
Filing time
13 May 2024, 20:49:16 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 +795 +15% 6,114 12 May 2024 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $40,690 -369 -6% $110.27 5,745 12 May 2024 Direct F2
holding ESAB Common stock, par value $0.001 354 12 May 2024 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 -795 -50% $0.000000 795 12 May 2024 Common stock, par value $0.001 795 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 May 12, 2025.