SEC Form 4 · accession 0001209191-16-155878

LINCOLN ELECTRIC HOLDINGS INC · LECO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive V.P, CFO & Treasurer

Period of report

Dec 15, 2016

Accepted (ET)

Dec 19, 2016 · 4:07 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 15, 2016	M	6,532	$31.315	A	63,144	D
Common Shares^F1	Dec 15, 2016	S	6,532	$79.1757	D	56,612	D
Common Shares	Dec 16, 2016	M	14,828	$31.315	A	71,440	D
Common Shares^F2	Dec 16, 2016	S	14,828	$79.2341	D	56,612	D
Common Shares	holding	—	—		—	3,119	I	401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F3	$31.315	Dec 15, 2016	M	6,532	D	—	Dec 1, 2020	Common Shares	6,532	14,828	D
Employee Stock Option (Right To Buy)^F3	$31.315	Dec 16, 2016	M	14,828	D	—	Dec 1, 2020	Common Shares	14,828	0	D

F1This transaction was executed in multiple trades at prices ranging from $79.10 to $79.54107 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.
F2This transaction was executed in multiple trades at prices ranging from $79.10 to $79.47. 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.
F3The options became exercisable in three equal annual installments on December 1, 2011, December 1, 2012 and December 1, 2013.