SEC Form 4 · accession 0001707925-19-000006
LINDE PLC · LIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J White
Officer — Chief Financial Officer
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 6:21 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 | 6,054 | $0.00 | A | 22,665 | D | |
| Ordinary SharesF2 | Feb 25, 2019 | F | 2,806 | $173.50 | D | 19,859 | D | |
| Ordinary SharesF1 | Feb 25, 2019 | M | 6,191 | $0.00 | A | 26,050 | D | |
| Ordinary SharesF2 | Feb 25, 2019 | F | 2,869 | $173.50 | D | 23,181 | D | |
| Ordinary SharesF3 | Feb 25, 2019 | M | 13,640 | $76.16 | A | 36,821 | D | |
| Ordinary SharesF4 | Feb 25, 2019 | F | 9,511 | $175.00 | D | 27,310 | D | |
| Ordinary Shares | Feb 25, 2019 | S | 2,421 | $174.97 | D | 24,889 | D | |
| Ordinary Shares | Feb 25, 2019 | S | 1,001 | $174.98 | D | 23,888 | D | |
| Ordinary Shares | Feb 25, 2019 | S | 407 | $174.99 | D | 23,481 | D | |
| Ordinary Shares | Feb 25, 2019 | S | 300 | $175.01 | D | 23,181 | D | |
| Ordinary Shares | holding | — | — | — | 2,961 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 25, 2019 | M | 6,054 | D | — | — | Ordinary Shares | 6,054 | 0 | D |
| Restricted Stock UnitsF1 | — | Feb 25, 2019 | M | 6,191 | D | — | — | Ordinary Shares | 6,191 | 0 | D |
| Stock Option (right to buy)F7 | $76.16 | Feb 25, 2019 | M | 13,640 | D | Feb 23, 2011 | Feb 23, 2020 | Ordinary Shares | 13,640 | 0 | D |
| Deferred Stock UnitsF11,F12 | $0.00 | Feb 25, 2019 | A | 124 | A | — | — | Ordinary Shares | 124 | 860 | D |
| Restricted Stock UnitsF5 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 7,765 | 7,765 | D |
| Restricted Stock UnitsF6 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 7,960 | 7,960 | D |
| Restricted Stock UnitsF6 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 5,450 | 5,450 | D |
| Stock Option (right to buy)F7 | $97.84 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Ordinary Shares | 14,845 | 14,845 | D |
| Stock Option (right to buy)F7 | $109.68 | holding | — | — | — | Feb 28, 2013 | Feb 28, 2022 | Ordinary Shares | 18,430 | 18,430 | D |
| Stock Option (right to buy)F7 | $110.58 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Ordinary Shares | 15,060 | 15,060 | D |
| Stock Option (right to buy)F7 | $128.80 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Ordinary Shares | 31,090 | 31,090 | D |
| Stock Option (right to buy)F7 | $128.38 | holding | — | — | — | Feb 24, 2016 | Feb 24, 2025 | Ordinary Shares | 40,865 | 40,865 | D |
| Stock Option (right to buy)F8 | $102.22 | holding | — | — | — | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 85,205 | 85,205 | D |
| Stock Option (right to buy)F9 | $118.71 | holding | — | — | — | Feb 28, 2018 | Feb 28, 2027 | Ordinary Shares | 72,795 | 72,795 | D |
| Stock Option (right to buy)F10 | $154.00 | holding | — | — | — | Feb 27, 2019 | Feb 27, 2028 | Ordinary Shares | 64,665 | 64,665 | D |
Explanation of responses
- F1Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on February 23, 2016.
- F10This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.
- F11Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
- F12Deferred stock units acquired under Praxair, Inc.'s Compensation Deferral Plan ("Deferral Plan") that will be converted and paid out in Linde plc ordinary share on a one-for-one basis.
- F2Ordinary shares withheld from RSU payout to cover tax withholdings.
- F3This stock option was exercised pursuant to a Rule 10b 5-1 Plan dated November 21, 2018.
- F4Ordinary shares withheld from the stock option exercise to pay exercise price and taxes.
- F5Restricted Stock Units that will vest in full and payout on or about February 27, 2021 in Linde plc Ordinary Shares on a one-for-one basis.
- F6Restricted 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.
- F7This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- F8This option vests over three years in three consecutive equal annual installments beginning on February 23, 2017.
- F9This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.