Guillermo Bichara - May 1, 2023 Form 4 Insider Report for LINDE PLC (LIN)

Role
Exec VP& Chief Legal Officer
Signature
Anthony M. Pepper, Attorney-in-Fact
Stock symbol
LIN
Transactions as of
May 1, 2023
Transactions value $
-$10,147,430
Form type
4
Date filed
5/3/2023, 01:46 PM
Previous filing
Mar 13, 2023
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $4.76M +40.1K +147.64% $118.70 67.3K May 1, 2023 Direct F1
transaction LIN Ordinary Shares Tax liability -$9.46M -25.5K -37.84% $371.87 41.8K May 1, 2023 Direct F1, F2
transaction LIN Ordinary Shares Sale -$5.44M -14.6K -35.04% $371.55 27.2K May 1, 2023 Direct F1, F3
holding LIN Ordinary Shares 2.61K May 1, 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 Stock Options (right to buy) Options Exercise $0 -40.1K -100% $0.00* 0 May 1, 2023 Ordinary Shares 40.1K $118.71 Direct F1, F10
holding LIN Restricted Stock Units 1.68K May 1, 2023 Ordinary Shares 1.68K Direct F1, F4
holding LIN Restricted Stock Units 1.54K May 1, 2023 Ordinary Shares 1.54K Direct F1, F5
holding LIN Restricted Stock Units 2K May 1, 2023 Ordinary Shares 2K Direct F1, F6
holding LIN Stock Options (right to buy) 11.1K May 1, 2023 Ordinary Shares 11.1K $354.14 Direct F1, F7
holding LIN Stock Options (right to buy) 13.3K May 1, 2023 Ordinary Shares 13.3K $270.99 Direct F1, F8
holding LIN Stock Options (right to buy) 21K May 1, 2023 Ordinary Shares 21K $253.68 Direct F1, F9
holding LIN Stock Options (right to buy) 26.2K May 1, 2023 Ordinary Shares 26.2K $173.13 Direct F1, F10
holding LIN Stock Options (right to buy) 27K May 1, 2023 Ordinary Shares 27K $176.63 Direct F1, F10
holding LIN Stock Options (right to buy) 38.8K May 1, 2023 Ordinary Shares 38.8K $154.00 Direct F1, F10
holding LIN Deferred Stock Units 669 May 1, 2023 Ordinary Shares 669 Direct F1, F11, F12
* 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 Ordinary shares withheld to pay exercise price and taxes.
F3 The price reported is the weighted average sale price. The sale prices ranged from $371.41 to $371.88. Upon request of the SEC Staff, Linde plc or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F4 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.
F5 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.
F6 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.
F7 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F8 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F9 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F10 This option vested in full over three years in three consecutive equal annual installments beginning one year after the date of the grant.
F11 Conversion to Linde plc Ordinary Shares is on a one-to-one basis.
F12 Deferred stock units acquired under the Linde Compensation Deferral 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.