SEC Form 4 · accession 0001209191-16-154359
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher L Mapes
Officer — Chairman, President and CEO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 3:46 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 SharesF1 | Dec 7, 2016 | M | 38,153 | $33.06 | A | 212,744 | D | |
| Common SharesF2 | Dec 7, 2016 | S | 38,153 | $79.6925 | D | 174,591 | 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 BuyF3 | $33.06 | Dec 7, 2016 | M | 38,153 | D | — | Sep 1, 2021 | Common Shares | 38,153 | 0 | D |
Explanation of responses
- F1Total also includes 396.85 additional shares attributable to dividends earned on restricted stock units that are held in the Company's deferred compensation plan.
- F2This transaction was executed in multiple trades at prices ranging from $79.50 to $80.00. The report reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security older of the issuer full information regarding the number of share and prices at which the transaction was effected.
- F3The options became exercisable in three annual installments on September 1, 2012, September 1, 2013 and September 1, 2014.