Kelcey E. Hoyt - Mar 10, 2023 Form 4 Insider Report for LINDE PLC (LIN)

Role
Principal Accounting Officer
Signature
Anthony M. Pepper, Attorney-in-Fact
Stock symbol
LIN
Transactions as of
Mar 10, 2023
Transactions value $
-$322,052
Form type
4
Date filed
3/13/2023, 12:28 PM
Previous filing
Mar 9, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $0 +460 +7.11% $0.00 6.93K Mar 10, 2023 Direct F1, F2
transaction LIN Ordinary Shares Tax liability -$74K -214 -3.09% $345.92 6.72K Mar 10, 2023 Direct F1, F3
transaction LIN Ordinary Shares Options Exercise $0 +1.37K +20.4% $0.00 8.09K Mar 10, 2023 Direct F1, F4
transaction LIN Ordinary Shares Tax liability -$149K -430 -5.32% $345.92 7.66K Mar 10, 2023 Direct F1, F3
transaction LIN Ordinary Shares Options Exercise $0 +740 +9.67% $0.00 8.4K Mar 10, 2023 Direct F1, F5
transaction LIN Ordinary Shares Tax liability -$99.3K -287 -3.42% $345.92 8.11K Mar 10, 2023 Direct F1, F3
holding LIN Ordinary Shares 524 Mar 10, 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 +1.37K $0.00 1.37K Mar 10, 2023 Ordinary Shares 1.37K $0.00 Direct F1, F4
transaction LIN Performance Share Units Options Exercise $0 -1.37K -100% $0.00* 0 Mar 10, 2023 Ordinary Shares 1.37K $0.00 Direct F1, F4
transaction LIN Performance Share Units Award $0 +740 $0.00 740 Mar 10, 2023 Ordinary Shares 740 $0.00 Direct F1, F5
transaction LIN Performance Share Units Options Exercise $0 -740 -100% $0.00* 0 Mar 10, 2023 Ordinary Shares 740 $0.00 Direct F1, F5
transaction LIN Restricted Stock Units Options Exercise $0 -460 -100% $0.00* 0 Mar 10, 2023 Ordinary Shares 460 $0.00 Direct F1, F2
holding LIN Restricted Stock Units 320 Mar 10, 2023 Ordinary Shares 320 Direct F1, F6
holding LIN Restricted Stock Units 310 Mar 10, 2023 Ordinary Shares 310 Direct F1, F7
holding LIN Restricted Stock Units 390 Mar 10, 2023 Ordinary Shares 390 Direct F1, F8
holding LIN Stock Option (right to buy) 2.11K Mar 10, 2023 Ordinary Shares 2.11K $354.14 Direct F1, F9
holding LIN Stock Options (right to buy) 2.68K Mar 10, 2023 Ordinary Shares 2.68K $270.99 Direct F1, F10
holding LIN Stock Option (right to buy) 4.1K Mar 10, 2023 Ordinary Shares 4.1K $253.68 Direct F1, F11
holding LIN Stock Option (right to buy) 5.55K Mar 10, 2023 Ordinary Shares 5.55K $173.13 Direct F1, F12
holding LIN Stock Option (right to buy) 6K Mar 10, 2023 Ordinary Shares 6K $176.63 Direct F1, F13
holding LIN Stock Option (right to buy) 9.36K Mar 10, 2023 Ordinary Shares 9.36K $102.22 Direct F1, F13
holding LIN Stock Option (right to buy) 10.5K Mar 10, 2023 Ordinary Shares 10.5K $118.71 Direct F1, F13
holding LIN Stock Option (right to buy) 9.7K Mar 10, 2023 Ordinary Shares 9.7K $154.00 Direct F1, F13
holding LIN Deferred Stock Unit 110 Mar 10, 2023 Ordinary Shares 110 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 became exercisable in full 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 one-for-one basis.
F15 Deferred stock units acquired under the Compensation Deferred Plan as amended ("Plan"). The deferred stock units will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Plan.