Form 4 for ESAB ESAB Corp
Accepted 2024-03-01 00:00:00 ET · period of report 2024-02-22 · accession 0001877322-24-000036 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-01 | 2024-02-22 | ESAB | Kambeyanda Shyam | Pres, CEO, Dir | F - Tax | $93.82 | -7,274 | 54.8K | -12% | -$682.4K |
| D | 2024-03-01 | 2024-02-22 | ESAB | Kambeyanda Shyam | Pres, CEO, Dir | M - OptEx | — | +15.1K | 62.1K | +32% | — |
| D | 2024-03-01 | 2024-02-22 | ESAB | Kambeyanda Shyam | Pres, CEO, Dir | M - OptEx | $0.00 | -15.1K | 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 | 2024-02-22 | F | D | 7,274 | $93.82 | 54,782 | D | — | — | (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. |
| 2 | Common | Common stock, par value $0.001 | 2024-02-22 | M | A | 15,060 | — | 62,056 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. 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. |
| 3 | Derivative | Restricted Stock Units | 2024-02-22 | M | D | 15,060 | $0.00 | 0 | D | — · 2024-02-22 to 2024-02-22 | 15,060 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. 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. (F3) All remaining restricted stock units from this grant vested on February 22, 2024. Following the reported transaction, no restricted stock units from this grant remain unvested and outstanding. |