Sanjiv Lamba - 25 May 2021 Form 4 Insider Report for LINDE PLC (LIN)

Signature
Anthony M. Pepper as attorney-in-fact
Issuer symbol
LIN
Transactions as of
25 May 2021
Net transactions value
-$485
Form type
4
Filing time
27 May 2021, 12:33:30 UTC
Next filing
10 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $5,860 +3,052 +12% $1.92* 29,275 25 May 2021 Direct
transaction LIN Ordinary Shares Sale $6,345 -21 -0.07% $302.12 29,254 25 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIN Stock Option (right to buy) Options Exercise $0 -3,052 -100% $0.000000* 0 25 May 2021 Ordinary Shares 3,052 $1.92 Direct F4
holding LIN Restricted Stock Units 3,895 25 May 2021 Ordinary Shares 3,895 Direct F2
holding LIN Restricted Stock Units 3,090 25 May 2021 Ordinary Shares 3,090 Direct F3
holding LIN Restricted Stock Units 686 25 May 2021 Ordinary Shares 686 Direct F4, F5
holding LIN Restricted Stock Units 3,590 25 May 2021 Ordinary Shares 3,590 Direct F6
holding LIN Stock Option (right to buy) 40,995 25 May 2021 Ordinary Shares 40,995 $253.68 Direct F7
holding LIN Stock Option (right to buy) 37,565 25 May 2021 Ordinary Shares 37,565 $173.13 Direct F8
holding LIN Stock Option (right to buy) 2,840 25 May 2021 Ordinary Shares 2,840 $1.92 Direct F4
holding LIN Stock Option (right to buy) 40,470 25 May 2021 Ordinary Shares 40,470 $176.63 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ordinary Shares sold to pay exercise price; no other shares were sold. The reporting person held the 3,031 shares remaining from the option exercise.
F2 Restricted Stock Units that will vest in full and payout on or about March 8, 2024 in Linde plc Ordinary Shares on a one-for-one basis.
F3 Restricted Stock Units that will vest in full and payout on or about March 9, 2023 in Linde plc Ordinary Shares on a one-for-one basis.
F4 Restricted Stock Units ("RSUs") and stock options have been granted pursuant to the Business Combination Agreement among Praxair, Inc., Linde AG, Linde plc and certain of their affiliates, dated June 1, 2017, as amended (the "BCA"). The RSUs and stock options replace certain previously granted equity awards granted by Linde AG that were terminated in connection with the closing of the Business Combination of Praxair, Inc. and Linde AG that occurred on October 31, 2018. A more detailed explanation of these RSU and stock option replacement awards is discussed in the Linde plc Registration Statement on Form S-4 (Amendment No. 4) filed with the SEC on August 11, 2017 under the section titled "The Business Combination - Interests of Directors, Board Members and Executive Officers in the Business Combination - Linde AG - Treatment of Equity Awards" on pages 183-187.
F5 Restricted Stock Units that will vest in full and payout on or about June 7, 2021 in Linde plc Ordinary Shares on a one-for-one basis.
F6 Restricted Stock Units that will vest in full and payout on or about March 20, 2022 in Linde plc Ordinary Shares on a one-for-one basis.
F7 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F8 This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F9 This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.