SEC Form 4 · accession 0001209191-18-012961
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 21, 2018
Accepted (ET)
Feb 23, 2018 · 4:17 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 21, 2018 | A | 13,808 | — | A | 196,784 | 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)F3 | $90.70 | Feb 21, 2018 | A | 65,894 | A | — | Feb 21, 2028 | Common shares | 65,894 | 65,894 | D |
Explanation of responses
- F1Pursuant to restricted stock unit awards.
- F2Total also includes 338.77 additional shares attributable to dividends earned on restricted stock units that are held in the Company's deferred compensation plan.
- F3The options became exercisable in three annual installments on February 21, 2019, February 21, 2020, and February 21, 2021.