Form 4/A for ESAB ESAB Corp
Accepted 2022-07-29 00:00:00 ET · period of report 2022-07-25 · accession 0001209191-22-043555 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2022-07-29 | 2022-07-25 | ESAB | Johnson Kevin J | CFO | M - OptEx | — | +911 | 4,041 | +29% | — |
| DA | 2022-07-29 | 2022-07-27 | ESAB | Johnson Kevin J | CFO | S - Sale+OE | $40.70 | -456 | 3,585 | -11% | -$18.6K |
| DA | 2022-07-29 | 2022-07-25 | ESAB | Johnson Kevin J | CFO | M - OptEx | $0.00 | -911 | 912 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock, par value $.001 | 2022-07-25 | M | A | 911 | — | 4,041 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. |
| 2 | Common | Common stock, par value $.001 | 2022-07-27 | S | D | 456 | $40.70 | 3,585 | D | — | — | (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 308 shares of ESAB Corporation common stock were sold pursuant to the reporting person's Rule 10b5-1 trading plan at $41.224 per share when in fact 456 shares of ESAB Corporation common stock were sold pursuant to the reporting person's Rule 10b5-1 trading 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. (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. |
| 3 | Derivative | Restricted Stock Units | 2022-07-25 | M | D | 911 | $0.00 | 912 | D | — · 2022-07-25 to 2023-07-25 | 911 Common stock, par value $0.001 | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. (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. |