SEC Form 4 · accession 0001209191-16-149710
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey P Allman
Officer — Sr. V.P., Corporate Controller
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 3:55 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 9, 2016 | M | 1,120 | $26.355 | A | 6,690 | D | |
| Common SharesF1 | Nov 9, 2016 | S | 1,120 | $69.6146 | D | 5,570 | D | |
| Common Shares | Nov 11, 2016 | M | 1,960 | $31.315 | A | 7,530 | D | |
| Common Shares | Nov 11, 2016 | S | 1,960 | $74.50 | D | 5,570 | 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 | $26.355 | Nov 9, 2016 | M | 1,120 | D | — | Dec 1, 2019 | Common Shares | 1,120 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $31.315 | Nov 11, 2016 | M | 1,960 | D | — | Dec 1, 2020 | Common Shares | 1,960 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $69.6000 to $69.6250 . 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.
- F2The options became exercisable in three equal annual installments on December 1, 2010, December 1, 2011 and December 1, 2012.
- F3The options became exercisable in three equal annual installments on December 1, 2011, December 1, 2012 and December 1, 2013.