SEC Form 4 · accession 0001209191-16-149711
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
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 3:58 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 10, 2016 | M | 22,740 | $21.985 | A | 79,352 | D | |
| Common SharesF1 | Nov 10, 2016 | S | 22,740 | $75.3872 | D | 56,612 | D | |
| Common Shares | holding | — | — | — | 3,119 | 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)F2 | $21.985 | Nov 10, 2016 | M | 22,740 | D | — | Dec 3, 2018 | Common Shares | 22,740 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $74.83 to $75.59. 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 3, 2009, December 3, 2010 and December 3, 2011.