SEC Form 4 · accession 0001707925-19-000002
LINDE PLC · LIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen F Angel
Officer — Chief Executive Officer · Director
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 5:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001707925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | holding | — | — | — | 2,268 | I | In trust for children | |
| Ordinary Shares | holding | — | — | — | 68,384 | I | Grantor Retained Annuity Trust | |
| Ordinary Shares | holding | — | — | — | 39,285 | I | Angel Descendants Trust | |
| Ordinary Shares | holding | — | — | — | 7,746 | I | 2012 Descendants Trust | |
| Ordinary Shares | holding | — | — | — | 10,320 | I | 401(k) | |
| Ordinary Shares | holding | — | — | — | 171 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF8,F9 | $0.00 | Feb 25, 2019 | A | 22,840 | A | — | — | Ordinary Shares | 22,840 | 99,672 | D |
| Restricted Stock UnitsF1 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 38,270 | 38,270 | D |
| Restricted Stock UnitsF2 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 29,580 | 29,580 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 47,632 | 47,632 | D |
| Restricted Stock UnitsF2 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 30,215 | 30,215 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 32,580 | 32,580 | D |
| Stock Option (right to buy)F4 | $97.84 | holding | — | — | — | — | Feb 22, 2021 | Ordinary Shares | 218,175 | 218,175 | D |
| Stock Option (right to buy)F4 | $109.68 | holding | — | — | — | — | Feb 28, 2022 | Ordinary Shares | 236,510 | 236,510 | D |
| Stock Option (right to buy)F4 | $110.58 | holding | — | — | — | — | Feb 26, 2023 | Ordinary Shares | 187,015 | 187,015 | D |
| Stock Option (right to buy)F4 | $128.80 | holding | — | — | — | — | Feb 25, 2024 | Ordinary Shares | 203,930 | 203,930 | D |
| Stock Option (right to buy)F4 | $128.38 | holding | — | — | — | — | Feb 24, 2025 | Ordinary Shares | 261,075 | 261,075 | D |
| Stock Option (right to buy)F5 | $102.22 | holding | — | — | — | — | Feb 23, 2026 | Ordinary Shares | 416,355 | 416,355 | D |
| Stock Option (right to buy)F6 | $118.71 | holding | — | — | — | — | Feb 28, 2027 | Ordinary Shares | 435,850 | 435,850 | D |
| Stock Option (right to buy)F7 | $154.00 | holding | — | — | — | — | Feb 27, 2028 | Ordinary Shares | 318,780 | 318,780 | D |
Explanation of responses
- F1Restricted Stock Units that will vest in full and payout on February 27, 2021 in Linde plc Ordinary Shares on a one-for-one basis.
- F2Restricted Stock Units that will vest in full and payout on February 23, 2019 in Linde plc Ordinary Shares on a one-for-one basis.
- F3Restricted Stock Units that will vest in full and payout on February 28, 2020 in Linde plc Ordinary Shares on a one-for-one basis.
- F4This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- F5This options vests over three years in three consecutive equal annual installments beginning on February 23, 2017.
- F6This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
- F7This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.
- F8Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
- F9Deferred stock units acquired under the Praxair Compensation Deferral Plan ("Deferral Plan"), that will payout in Linde plc Ordinary Shares on a one-for-one basis.