SEC Form 4 · accession 0001209191-16-100408
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent K Petrella
Officer — Executive V.P, CFO & Treasurer
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 2:29 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 | Feb 17, 2016 | A | 4,900 | $0.00 | A | 56,612 | D | |
| Common SharesF2 | holding | — | — | — | 3,694 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $58.14 | Feb 17, 2016 | A | 21,910 | A | — | Feb 17, 2026 | Common Shares | 21,910 | 21,910 | D |
Explanation of responses
- F1Pursuant to restricted stock unit award.
- F2Held by trustee pursuant to The Lincoln Electric Company 401(k)plan. Holdings are reported on a unitized basis, which amount represents approximately 3,082.185 shares.
- F3The options become exercisable in three equal annual installments on February 17, 2017, February 17, 2018 and February 17, 2019.