Coble Larry 4

Accession 0001209191-22-023780

CIK 0001877322other

View on SEC.gov Company Profile

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 9:44 PM ET

Size

29.7 KB

Accession

0001209191-22-023780

Insider Transaction Report

Form 4

Period: 2022-04-05

ESAB CorpESAB

Coble Larry

SVP, EBX & Supply Chain

Transactions

Award
Common stock, par value $0.001
2022-04-05+4,438→ 4,438 total
Award
Restricted Stock Units
2022-04-05+245→ 245 total
From: 2022-08-07Exp: 2022-08-07→ Common stock, par value $0.001 (245 underlying)
Award
Restricted Stock Units
2022-04-05+670→ 670 total
From: 2023-02-24Exp: 2023-02-24→ Common stock, par value $0.001 (670 underlying)
Award
Restricted Stock Units
2022-04-05+911→ 911 total
From: 2022-07-25Exp: 2023-07-25→ Common stock, par value $0.001 (911 underlying)
Award
Restricted Stock Units
2022-04-05+2,007→ 2,007 total
From: 2023-02-22Exp: 2024-02-22→ Common stock, par value $0.001 (2,007 underlying)
Award
Restricted Stock Units
2022-04-05+5,210→ 5,210 total
From: 2023-02-17Exp: 2025-02-17→ Common stock, par value $0.001 (5,210 underlying)
Award
Employee Stock Option (right to buy)
2022-04-05+11,424→ 11,424 total
Exercise: $33.49From: 2022-04-05Exp: 2026-02-24→ Common stock, par value $0.001 (11,424 underlying)
Award
Employee Stock Option (right to buy)
2022-04-05+6,138→ 6,138 total
Exercise: $46.94From: 2023-02-24Exp: 2027-02-23→ Common stock, par value $0.001 (6,138 underlying)
Award
Employee Stock Option (right to buy)
2022-04-05+7,415→ 7,415 total
Exercise: $55.96From: 2023-02-22Exp: 2028-02-21→ Common stock, par value $0.001 (7,415 underlying)
Award
Employee Stock Option (right to buy)
2022-04-05+22,370→ 22,370 total
Exercise: $46.04From: 2022-04-05Exp: 2024-11-06→ Common stock, par value $0.001 (22,370 underlying)
Award
Employee Stock Option (right to buy)
2022-04-05+6,402→ 6,402 total
Exercise: $41.63From: 2022-04-05Exp: 2025-03-07→ Common stock, par value $0.001 (6,402 underlying)

Footnotes (11)

[F1]Shares acquired in the pro-rata spin-off distribution (the "Spin-Off") by Colfax Corporation ("Colfax") of the shares of ESAB Corporation ("ESAB").
[F10]5,101 shares of the option have already vested. The remaining shares of the option will fully vest and become exercisable in a single installment on February 24, 2023.
[F11]3,081 shares of the option have already vested. The remaining shares of the option will fully vest and become exercisable in two equal installments on February 22, 2023 and February 22, 2024.
[F2]Each restricted stock unit represents a contingent right to receive one share of ESAB common stock.
[F3]In connection with the Spin-Off, each outstanding Colfax restricted stock unit was converted into a restricted stock unit award denominated in shares of ESAB common stock pursuant to the terms of the employee matters agreement entered into between Colfax and ESAB in connection with the Spin-Off. The number of underlying shares were adjusted in a manner intended to preserve the aggregate intrinsic value of the original Colfax restricted stock unit award.
[F4]These restricted stock units vest and become exercisable in a single installment on August 7, 2022.
[F5]These restricted stock units vest and become exercisable in a single installment on February 24, 2023.
[F6]These restricted stock units vest and become exercisable in two equal installments on July 25, 2022 and July 25, 2023.
[F7]These restricted stock units vest and become exercisable in two equal installments on February 22, 2023 and February 22, 2024.
[F8]These restricted stock units vest in three equal annual installments beginning on February 17, 2023.
[F9]In connection with the Spin-Off, each outstanding Colfax stock option was converted into an award of options to purchase shares of ESAB common stock pursuant to the terms of the employee matters agreement between Colfax and ESAB in connection with the Spin-Off. The number of underlying shares was adjusted in a manner intended to preserve the aggregate intrinsic value of the original Colfax stock option.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ESAB Corp

CIK 0001877322

→

Entity typeother

Related Parties

filerCIK 0001912591

Filing Metadata

Form type: 4
Filed: Apr 6, 8:00 PM ET
Accepted: Apr 7, 9:44 PM ET
Size: 29.7 KB

View on SEC.gov