SEC Form 4 · accession 0001209191-16-153350
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
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 4:22 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 | Dec 1, 2016 | M | 10,910 | $26.355 | A | 38,661 | D | |
| Common SharesF1 | Dec 1, 2016 | S | 10,910 | $80.0158 | D | 27,751 | D | |
| Common Shares | Dec 1, 2016 | S | 2,010 | $80.3251 | D | 25,741 | D | |
| Common Shares | Dec 1, 2016 | S | 2,996 | $80.1551 | D | 22,845 | D | |
| Common Shares | Dec 1, 2016 | G | 2,000 | $0.00 | D | 20,745 | 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 | Dec 1, 2016 | M | 10,910 | D | — | Dec 1, 2019 | Common Shares | 10,910 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $80.00 to $80.06. 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 1, 2010, December 1, 2011 and December 1, 2012.