SEC Form 4 · accession 0001209191-17-014266
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
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 3:52 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 | 14,115 | $0.00 | A | 189,039 | 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 | $85.30 | Feb 22, 2017 | A | 68,610 | A | — | Feb 22, 2027 | Common Shares | 68,610 | 68,610 | D |
Explanation of responses
- F1Pursuant to restricted stock unit awards.
- F2Total also includes 332.50 additional shares attributable to dividends earned on restricted stock units that are held in the Company's deferred compensation plan.
- F3The options vest in three equal annual installments on February 22, 2018, February 22, 2019 and February 22, 2020.