SEC Form 4 · accession 0001209191-16-155101
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 13, 2016
Accepted (ET)
Dec 14, 2016 · 1:47 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 13, 2016 | M | 16,900 | $31.315 | A | 37,645 | D | |
| Common SharesF1 | Dec 13, 2016 | S | 16,900 | $79.2592 | 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 | $31.315 | Dec 13, 2016 | M | 16,900 | D | — | Dec 1, 2020 | Common Shares | 16,900 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $79.25 to $79.46. 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, 2011, December 1, 2012 and December 1, 2013.