SEC Form 4 · accession 0001707925-19-000003
LINDE PLC · LIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelcey E Hoyt
Officer — Principal Accounting Officer
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 5:59 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 SharesF1 | Feb 25, 2019 | M | 666 | $0.00 | A | 2,513 | D | |
| Ordinary SharesF2 | Feb 25, 2019 | F | 209 | $173.50 | D | 2,304 | D | |
| Ordinary SharesF1 | Feb 25, 2019 | M | 682 | $0.00 | A | 2,986 | D | |
| Ordinary SharesF2 | Feb 25, 2019 | F | 214 | $173.50 | D | 2,772 | D | |
| Ordinary Shares | holding | — | — | — | 494 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ristricked Stock UnitsF1 | — | Feb 25, 2019 | M | 666 | D | — | — | Ordinary Shares | 666 | 0 | D |
| Ristricked Stock UnitsF1 | — | Feb 25, 2019 | M | 682 | D | — | — | Ordinary Shares | 682 | 0 | D |
| Deferred Stock UnitF9,F10 | $0.00 | Feb 25, 2019 | A | 16 | A | — | — | Ordinary Shares | 16 | 16 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 1,165 | 1,165 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 1,152 | 1,152 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 790 | 790 | D |
| Stock Option (right to buy)F5 | $109.68 | holding | — | — | — | Feb 28, 2013 | Feb 28, 2022 | Ordinary Shares | 3,995 | 3,995 | D |
| Stock Option (right to buy)F5 | $110.58 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Ordinary Shares | 2,675 | 2,675 | D |
| Stock Option (right to buy)F5 | $128.80 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Ordinary Shares | 3,735 | 3,735 | D |
| Stock Option (right to buy)F5 | $128.38 | holding | — | — | — | Feb 24, 2016 | Feb 24, 2025 | Ordinary Shares | 5,150 | 5,150 | D |
| Stock Option (right to buy)F6 | $102.22 | holding | — | — | — | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 9,360 | 9,360 | D |
| Stock Option (right to buy)F7 | $118.71 | holding | — | — | — | Feb 28, 2018 | Feb 28, 2027 | Ordinary Shares | 10,500 | 10,500 | D |
| Stock Option (right to buy)F8 | $154.00 | holding | — | — | — | Feb 27, 2019 | Feb 27, 2028 | Ordinary Shares | 9,700 | 9,700 | D |
Explanation of responses
- F1Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on February 23, 2016.
- F10Deferred stock units acquired under the Praxair Compensation Deferred Plan as amended ("Deferral Plan") and are to be settled in Linde plc Ordinary Shares on a one-for-one basis.
- F2Ordinary shares withheld from the RSU payout to cover tax withholdings.
- F3Restricted Stock units that will vest in full and payouton on or about February 27, 2021 in Linde plc Ordinary Shares on a one-for-one basis.
- F4Restricted Stock Units that will vest in full and payout on or about February 28, 2020 in Linde plc Ordinary Shares on a one-for-one basis.
- F5This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- F6This options vests over three years in three consecutive equal annual installments beginning on February 23, 2017.
- F7This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
- F8This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.
- F9Conversion to Linde plc Ordinary Shares is on a 1-for-one basis.