Form 4 for ESAB ESAB Corp
Accepted 2023-02-28 00:00:00 ET · period of report 2023-02-24 · accession 0001209191-23-013826 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-28 | 2023-02-24 | ESAB | Hix Christopher M | Dir | M - OptEx | — | +9,440 | 46.1K | +26% | — |
| DM | 2023-02-28 | 2023-02-27 | ESAB | Hix Christopher M | Dir | S - Sale+OE | $57.65 | -4,721 | 41.4K | -10% | -$272.2K |
| DM | 2023-02-28 | 2023-02-24 | ESAB | Hix Christopher M | Dir | M - OptEx | $0.00 | -9,440 | 0 | -100% | $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 $0.001 | 2023-02-24 | M | A | 1,815 | — | 38,459 | 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 $0.001 | 2023-02-24 | M | A | 7,625 | — | 46,084 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. |
| 3 | Common | Common stock, par value $0.001 | 2023-02-27 | S | D | 908 | $57.65 | 45,176 | D | — | — | (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. |
| 4 | Common | Common stock, par value $0.001 | 2023-02-27 | S | D | 3,813 | $57.65 | 41,363 | D | — | — | (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. |
| 5 | Derivative | Restricted Stock Units | 2023-02-24 | M | D | 1,815 | $0.00 | 0 | D | — · 2023-02-24 to 2023-02-24 | 1,815 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. (F3) These restricted stock units vested in full on February 24, 2023. |
| 6 | Derivative | Restricted Stock Units | 2023-02-24 | M | D | 7,625 | $0.00 | 0 | D | — · 2023-02-24 to 2023-02-24 | 7,625 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) In connection with ESAB's separation from Colfax Corporation ("Colfax") on April 4, 2022, the reporting person's Colfax performance-based restricted stock units were converted into ESAB time-based restricted stock units. These ESAB restricted stock units represent converted Colfax performance-based restricted stock units that vested in full on February 24, 2023. |