Eleanor Lukens - Jan 23, 2025 Form 4 Insider Report for ESAB Corp (ESAB)

Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Jan 23, 2025
Transactions value $
-$181,833
Form type
4
Date filed
1/24/2025, 04:32 PM
Previous filing
Mar 12, 2024
Next filing
Feb 26, 2025

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 +4.24K +122.55% 7.7K Jan 23, 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$182K -1.47K -19.08% $123.78 6.23K Jan 23, 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 -4.24K -50% $0.00 4.24K Jan 23, 2025 Common stock, par value $0.001 4.24K 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 23, 2024. Another third vested on January 23, 2025, and the remaining restricted stock units will vest in full on January 23, 2026.