SEC Form 4 · accession 0001209191-17-052571
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michele R Kuhrt
Officer — Ex. V.P., CIO
Period of report
Sep 11, 2017
Accepted (ET)
Sep 13, 2017 · 3:57 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 | Sep 11, 2017 | M | 3,080 | $35.55 | A | 14,449 | D | |
| Common ShaesF1 | Sep 11, 2017 | S | 3,080 | $88.5474 | D | 11,369 | D | |
| Common Shares | holding | — | — | — | 1,317 | I | by 401(k) |
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 | $35.55 | Sep 11, 2017 | M | 3,080 | D | — | Nov 2, 2021 | Common Shares | 3,080 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $88.54 to $88.57. 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 November 2, 2012, November 2, 2013 and November 2, 2014.