Michael J. Whitehead - 05 Nov 2021 Form 4 Insider Report for LINCOLN ELECTRIC HOLDINGS INC (LECO)

Signature
/s/ Susan K. Prewitt, Attorney-in-Fact
Issuer symbol
LECO
Transactions as of
05 Nov 2021
Net transactions value
-$198,575
Form type
4
Filing time
09 Nov 2021, 15:30:15 UTC
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LECO Common Shares Options Exercise $154,770 +1,750 +20% $88.44 10,505 05 Nov 2021 Direct
transaction LECO Common Shares Options Exercise $171,462 +1,913 +18% $89.63 12,418 05 Nov 2021 Direct
transaction LECO Common Shares Sale $395,468 -2,763 -22% $143.13 9,655 05 Nov 2021 Direct F1
transaction LECO Common Shares Sale $129,339 -900 -9.3% $143.71 8,755 05 Nov 2021 Direct F2

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 LECO Employee Stock Option (Right to Buy) Options Exercise $0 -1,750 -50% $0.000000 1,750 05 Nov 2021 Common Stock 1,750 $88.44 Direct F3
transaction LECO Employee Stock Option (Right to Buy) Options Exercise $0 -1,913 -33% $0.000000 3,827 05 Nov 2021 Common Stock 1,913 $89.63 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $142.67 to $143.66. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $143.67 to $143.79. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Exercisable in equal installments on the first, second and third anniversaries of the date of grant.