SEC Form 4 · accession 0001209191-16-152963
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel Bruno
Officer — Ex.. V.P., Chief HR Officer
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 3:45 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 30, 2016 | M | 5,240 | $35.55 | A | 25,043 | D | |
| Common SharesF1 | Nov 30, 2016 | S | 5,240 | $78.7301 | D | 19,803 | D | |
| Common Shares | Nov 30, 2016 | G | 464 | $0.00 | D | 19,339 | D | |
| Common Shares | holding | — | — | — | 2,226 | I | by 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 | $35.55 | Nov 30, 2016 | M | 5,240 | D | — | Nov 2, 2021 | Common Shares | 5,240 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $78.6611 to $79.10. 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 become exercisable in three equal annual installments on November 2, 2012, November 2, 2013 and November 2, 2014.