SEC Form 4 · accession 0001209191-15-010809
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Hedlund
Officer — SVP. Strategy & Bus. Dev.
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000059527
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Feb 5, 2015 | A | 1,510 | $0.00 | A | 21,493 | D | |
| Common SharesF3 | holding | — | — | — | 2,501 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $69.67 | Feb 5, 2015 | A | 6,155 | A | — | Feb 5, 2025 | Common shares | 6,155 | 6,155 | D |
Explanation of responses
- F1Pursuant to restricted stock unit award.
- F2Total includes 54.696 additional shares since the reporting person's last report attributable to a broker-sponsored dividend reinvestment plan.
- F3Held by trustee pursuant to The Lincoln Electric Company 401(k) plan. Holdings are reported on a unitized basis, which amount represents approximately 2,068.647 shares.
- F4The options become exercisable in three equal annual installments on February 5, 2016, February 5, 2017 and February 5, 2018.