SEC Form 4 · accession 0001209191-19-011651
LINCOLN ELECTRIC HOLDINGS INC · LECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas S Lance
Officer — SVP, President, Cleveland Ops.
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 5:14 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 18, 2019 | A | 830 | $0.00 | A | 10,106 | D | |
| Common Shares | holding | — | — | — | 3,400 | 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)F3 | $88.44 | Feb 18, 2019 | A | 4,200 | A | — | Feb 18, 2029 | Common Shares | 4,200 | 4,200 | D |
Explanation of responses
- F1Pursuant to restricted stock unit award.
- F2Total includes 330 shares that were inadvertently omitted from the Reporting Person's Form 3 filed on July 26, 2018. Total also includes SPP shares, shares attributable to dividends accrued pursuant to Issuer's dividend reinvestment plan and shares attributable to dividends earned on restricted stock units that are held in the Company's deferred compensation plan.
- F3The options vest in three annual installments commencing on the first anniversary of the date of grant.