Sanjiv Lamba - May 25, 2022 Form 4 Insider Report for LINDE PLC (LIN)

Signature
Anthony M. Pepper as attorney-in-fact
Stock symbol
LIN
Transactions as of
May 25, 2022
Transactions value $
$5,453
Form type
4
Date filed
5/27/2022, 11:59 AM
Previous filing
May 27, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $5.45K +2.84K +6.42% $1.92* 47.1K May 25, 2022 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 -2.84K -100% $0.00* 0 May 25, 2022 Ordinary Shares 2.84K $1.92 Direct F9
holding LIN Restricted Stock Units 6.34K May 25, 2022 Ordinary Shares 6.34K Direct F2
holding LIN Restricted Stock Units 3.9K May 25, 2022 Ordinary Shares 3.9K Direct F3
holding LIN Restricted Stock Units 3.09K May 25, 2022 Ordinary Shares 3.09K Direct F4
holding LIN Stock Options (right to buy) 54.9K May 25, 2022 Ordinary Shares 54.9K $270.99 Direct F5
holding LIN Stock Option (right to buy) 41K May 25, 2022 Ordinary Shares 41K $253.68 Direct F6
holding LIN Stock Option (right to buy) 37.6K May 25, 2022 Ordinary Shares 37.6K $173.13 Direct F7
holding LIN Stock Option (right to buy) 40.5K May 25, 2022 Ordinary Shares 40.5K $176.63 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 There was no market sale of shares, and the reporting person held the total 2,840 shares resulting from the stock option exercise.
F2 Restricted Stock Units that will vest in full and payout on or about March 7, 2025 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 8, 2024 in Linde plc Ordinary Shares on a one-for-one basis.
F4 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.
F5 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F6 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F7 This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F8 This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.
F9 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 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 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.