SEC Form 4 · accession 0001209191-17-014261
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Hedlund
Officer — SVP., Pres, Global Automation
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 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,F2 | Feb 22, 2017 | A | 1,235 | $0.00 | A | 24,129 | D | |
| Common Shares | holding | — | — | — | 2,147 | I | by 401(k) | |
| Common Shares | holding | — | — | — | 177 | 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 Buy)F3 | $85.30 | Feb 22, 2017 | A | 6,005 | A | — | Feb 22, 2027 | Common Shares | 6,005 | 6,005 | D |
Explanation of responses
- F1Pursuant to restricted stock unit awards.
- F2Total includes additional shares since the reporting person's last report attributable to a broker-sponsored dividend reinvestment plan.
- F3The options become exercisable in three equal annual installments on February 22, 2018, February 22, 2019 and February 22, 2020.