SEC Form 4 · accession 0001209191-15-078382
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Russell Lincoln
Director
Period of report
Nov 4, 2015
Accepted (ET)
Nov 4, 2015 · 4:00 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 Shares | Nov 4, 2015 | M | 7,000 | $19.965 | A | 270,184 | D | |
| Common SharesF1 | Nov 4, 2015 | S | 7,000 | $60.6205 | D | 263,184 | D | |
| Common SharesF2 | holding | — | — | — | 12,318 | I | By Trust | |
| Common SharesF3 | holding | — | — | — | 35,154 | I | By Trust | |
| Common SharesF4 | holding | — | — | — | 1,028 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $19.965 | Nov 4, 2015 | M | 7,000 | D | Nov 30, 2006 | Nov 30, 2015 | Common Shares | 7,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $60.30 to $60.99. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2G. Russell Lincoln, Trustee of the Samuel Powell Lincoln 1990 Trust and reporting person disclaims beneficial ownership.
- F3G. Russell Lincoln, Trustee of the Laura P. Heath Family Trust and reporting person disclaims beneficial ownership.
- F4Reflects shares held by reporting person's spouse (Constance Lincoln) and reporting person disclaims beneficial ownership.