Shyam Kambeyanda - Feb 18, 2025 Form 4 Insider Report for ESAB Corp (ESAB)

Role
President and CEO, Director
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Feb 18, 2025
Transactions value $
-$1,076,271
Form type
4
Date filed
2/20/2025, 04:53 PM
Previous filing
Oct 31, 2024
Next filing
Feb 26, 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 $0 +14.5K +26.85% $0.00 68.4K Feb 18, 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$923K -7.01K -10.25% $131.67 61.4K Feb 18, 2025 Direct F2
transaction ESAB Common stock, par value $0.001 Options Exercise +2.41K +3.93% 63.8K Feb 18, 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability -$154K -1.17K -1.83% $131.67 62.6K Feb 18, 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 -14.5K -100% $0.00 0 Feb 18, 2025 Common stock, par value $0.001 14.5K Direct F1, F3
transaction ESAB Restricted Stock Units Options Exercise $0 -2.41K -100% $0.00 0 Feb 18, 2025 Common stock, par value $0.001 2.41K 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 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. All remaining restricted stock units from this award vested on February 17, 2025.
F4 These restricted stock units represent performance based restricted stock units originally granted by Enovis Corporation that were converted into time based restricted stock units upon ESAB Corporation's separation from Enovis Corporation on April 4, 2022. All remaining restricted stock units from this award vested on February 17, 2025.