SEC Form 4 · accession 0001209191-17-039422
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel Bruno
Officer — Ex.. V.P., Chief HR Officer
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 4:00 pm EDT
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 | Jun 9, 2017 | M | 4,630 | $47.91 | A | 24,339 | D | |
| Common SharesF1 | Jun 9, 2017 | S | 4,630 | $95.4063 | D | 19,709 | D | |
| Common Shares | Jun 9, 2017 | G | 1,000 | $0.00 | D | 18,709 | D | |
| Common Shares | Jun 12, 2017 | S | 1,000 | $95.00 | D | 17,709 | 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 | $47.91 | Jun 9, 2017 | M | 4,630 | D | — | Dec 13, 2022 | Common Shares | 4,630 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $95.25 to $95.50. 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 equal annual installments on December 13, 2013, December 13, 2014 and December 13, 2015.