Biebuyck Olivier's Form 4/A amendment
AmendedESAB Corp (ESAB) · filed Jul 29, 2022
- Accession no.
- 0001209191-22-043558
- Filed
- Jul 29, 2022
- Trade date
- Jul 25-27, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jul 27, 2022
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $18.6K. It was filed 4 days after the trade.
This amendment replaces 0001209191-22-043275 (filed Jul 27, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Biebuyck OlivierCIK 0001910578 | Officer (President, EMEA) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 25, 2022 | Common stock, par value $.001 | MOption exerciseAcquired | +911 | –F1 | – | 3,642 | Direct | |
| Jul 27, 2022 | Common stock, par value $.001 | SSaleDisposed | −456 | $40.70 | −$18,559.2 | 3,186 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 25, 2022 | Common stock, par value $0.001 | MOption exerciseDisposed | −911 | $0.00 | $0 | 912 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
Referenced by the price of 1 transaction in Table I.
- 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.
- 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.
- 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.