Filing Details
- Accession Number:
- 0001209191-22-043555
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2022-07-29 18:00:20
- Reporting Period:
- 2022-07-25
- Accepted Time:
- 2022-07-29 18:00:20
- Original Submission Date:
- 2022-07-27
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1877322 | Esab Corp | ESAB | General Industrial Machinery & Equipment, Nec (3569) | 870923837 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1910487 | J Kevin Johnson | 909 Rose Avenue, Suite 800 North Bethesda MD 20852 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.001 | Acquisiton | 2022-07-25 | 911 | $0.00 | 4,041 | No | 4 | M | Direct | |
| Common Stock, Par Value $.001 | Disposition | 2022-07-27 | 456 | $40.70 | 3,585 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Restricted Stock Units | Disposition | 2022-07-25 | 911 | $0.00 | 911 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 912 | 2022-07-25 | 2023-07-25 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
- 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.
- 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.
- 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.
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