SEC Form 4 · accession 0001209191-16-155872
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Flohn
Officer — SVP; Pres, Asia Pacific Region
Period of report
Dec 16, 2016
Accepted (ET)
Dec 19, 2016 · 4:05 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 16, 2016 | M | 12,420 | $26.355 | A | 34,060 | D | |
| Common SharesF1 | Dec 16, 2016 | S | 12,420 | $79.2964 | D | 21,640 | D | |
| Common Shares | holding | — | — | — | 5,043 | I | by 401(k) | |
| Common Shares | holding | — | — | — | 1 | I | by SPP |
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 BuyF2 | $26.355 | Dec 16, 2016 | M | 12,420 | D | — | Dec 1, 2019 | Common Shares | 12,420 | 0 | D |
Explanation of responses
- F1The transaction was executed in multiple trades at prices ranging from $79.21 to $79.39. 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 annual installments on December 1, 2010, December 1, 2011 and December 1, 2012.