Matthew J. White - 10 Mar 2023 Form 4 Insider Report for LINDE PLC (LIN)

Role
Chief Financial Officer
Signature
Anthony M. Pepper, Attorney-in-Fact
Issuer symbol
LIN
Transactions as of
10 Mar 2023
Net transactions value
-$3,236,773
Form type
4
Filing time
13 Mar 2023, 12:00:07 UTC
Previous filing
09 Mar 2023
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $0 +3,590 +7.7% $0.000000 50,391 10 Mar 2023 Direct F1, F2
transaction LIN Ordinary Shares Tax liability $575,611 -1,664 -3.3% $345.92 48,727 10 Mar 2023 Direct F1, F3
transaction LIN Ordinary Shares Options Exercise $0 +10,770 +22% $0.000000 59,497 10 Mar 2023 Direct F1, F4
transaction LIN Ordinary Shares Tax liability $1,726,487 -4,991 -8.4% $345.92 54,506 10 Mar 2023 Direct F1, F3
transaction LIN Ordinary Shares Options Exercise $0 +5,830 +11% $0.000000 60,336 10 Mar 2023 Direct F1, F5
transaction LIN Ordinary Shares Tax liability $934,676 -2,702 -4.5% $345.92 57,634 10 Mar 2023 Direct F1, F3
holding LIN Ordinary Shares 2,960 10 Mar 2023 401(k) 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 Performance Share Units Award $0 +10,770 $0.000000 10,770 10 Mar 2023 Ordinary Shares 10,770 $0.000000 Direct F1, F4
transaction LIN Performance Share Units Options Exercise $0 -10,770 -100% $0.000000* 0 10 Mar 2023 Ordinary Shares 10,770 $0.000000 Direct F1, F4
transaction LIN Performance Share Units Award $0 +5,830 $0.000000 5,830 10 Mar 2023 Ordinary Shares 5,830 $0.000000 Direct F1, F5
transaction LIN Performance Share Units Options Exercise $0 -5,830 -100% $0.000000* 0 10 Mar 2023 Ordinary Shares 5,830 $0.000000 Direct F1, F5
transaction LIN Restricted Stock Units Options Exercise $0 -3,590 -100% $0.000000* 0 10 Mar 2023 Ordinary Shares 3,590 $0.000000 Direct F1, F2
holding LIN Restricted Stock Units 2,870 10 Mar 2023 Ordinary Shares 2,870 Direct F1, F6
holding LIN Restricted Stock Units 2,600 10 Mar 2023 Ordinary Shares 2,600 Direct F1, F7
holding LIN Restricted Stock Units 3,260 10 Mar 2023 Ordinary Shares 3,260 Direct F1, F8
holding LIN Stock Option (right to buy) 18,970 10 Mar 2023 Ordinary Shares 18,970 $354.14 Direct F1, F9
holding LIN Stock Options (right to buy) 22,535 10 Mar 2023 Ordinary Shares 22,535 $270.99 Direct F1, F10
holding LIN Stock Option (right to buy) 34,320 10 Mar 2023 Ordinary Shares 34,320 $253.68 Direct F1, F11
holding LIN Stock Option (right to buy) 43,695 10 Mar 2023 Ordinary Shares 43,695 $173.13 Direct F1, F12
holding LIN Stock Option (right to buy) 47,020 10 Mar 2023 Ordinary Shares 47,020 $176.63 Direct F1, F13
holding LIN Stock Option (right to buy) 40,865 10 Mar 2023 Ordinary Shares 40,865 $128.38 Direct F1, F13
holding LIN Stock Option (right to buy) 85,205 10 Mar 2023 Ordinary Shares 85,205 $102.22 Direct F1, F13
holding LIN Stock Option (right to buy) 72,795 10 Mar 2023 Ordinary Shares 72,795 $118.71 Direct F1, F13
holding LIN Stock Option (right to buy) 64,665 10 Mar 2023 Ordinary Shares 64,665 $154.00 Direct F1, F13
holding LIN Deferred Stock Units 1,273 10 Mar 2023 Ordinary Shares 1,273 Direct F1, F14, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 1, 2023, Linde plc (formerly Rounderway plc), an Irish public limited company ("New Linde"), became the successor of Linde plc, an Irish public limited company ("Old Linde"), pursuant to a scheme of arrangement and merger under Irish law. Pursuant to the scheme of arrangement, all outstanding ordinary shares of Old Linde were exchanged, on a one-for-one basis, for ordinary shares of New Linde, and Old Linde subsequently merged into New Linde and ceased to exist. The transaction did not alter the relative interests of security holders.
F2 Shares of common stock acquired pursuant to the payout of a restricted stock unit grant made on March 9, 2020.
F3 Shares of common stock withheld from the payout to cover tax withholdings.
F4 The PSU paid out on March 10, 2023 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2020-2022 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2020.
F5 The PSU paid out on March 10, 2023 and the number of shares awarded and paid out was determined based upon the total shareholder return ("TSR") of Linde plc from 2020-2022 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2020.
F6 Restricted Stock Units that will vest in full and payout on or about March 7, 2026 in Linde plc Ordinary Shares on a one-for-one basis.
F7 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.
F8 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.
F9 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F10 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F11 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F12 This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F13 This option vested in full and became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
F14 Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
F15 Deferred stock units acquired under the Linde Compensation Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Share on a one-for-one basis in accordance with the Plan.