SEC Form 4 · accession 0001209191-16-100406
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Flohn
Officer — SVP; Pres, Asia Pacific Region
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 2:24 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 17, 2016 | A | 1,485 | $0.00 | A | 21,640 | D | |
| Common SharesF3 | holding | — | — | — | 5,819 | I | by 401(k) | |
| Common SharesF4 | holding | — | — | — | 1 | I | by SPP |
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 BuyF5 | $58.14 | Feb 17, 2016 | A | 6,640 | A | — | Feb 17, 2026 | Common Shares | 6,640 | 6,640 | D |
Explanation of responses
- F1Pursuant to restricted stock unit award.
- F2Includes 2,527 shares previously held indirectly through the Share Purchase Plan and now held directly. Also includes 129 additional dividend shares attributable to dividends earned on shares of restricted stock and inadvertently omitted from the total direct holdings on Reporting Person's last three Form 4 reports.
- F3Held by trustee pursuant to The Lincoln Electric Company 401(k)plan. Holdings are reported on a unitized basis, which amount represents approximately 4,855.221 shares.
- F4Adjusted to reflect 2,527 shares transferred to direct holdings.
- F5The options become exercisable in three equal annual installments on February 17, 2017, February 17, 2018 and February 17, 2019.