SEC Form 4 · accession 0001209191-16-146976
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick G Stueber
Officer — Ex. VP, General Counsel & Secy
Period of report
Oct 25, 2016
Accepted (ET)
Oct 26, 2016 · 4:15 pm EDT
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 | Mar 14, 2016 | G | 528 | $0.00 | D | 32,002 | D | |
| Common Shares | Apr 28, 2016 | G | 80 | $0.00 | D | 31,922 | D | |
| Common Shares | Oct 25, 2016 | M | 18,200 | $21.985 | A | 50,122 | D | |
| Common SharesF1 | Oct 25, 2016 | S | 18,200 | $64.7698 | D | 31,922 | D |
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)F2 | $21.985 | Oct 25, 2016 | M | 18,200 | D | — | Dec 3, 2018 | Common Shares | 18,200 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $64.75 to $64.84. 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 share and prices at which the transaction was effected.
- F2The options became exercisable in three equal annual installments on December 3, 2009, December 3, 2010 and December 3 2011.