Steven B. Hedlund - May 11, 2023 Form 4 Insider Report for LINCOLN ELECTRIC HOLDINGS INC (LECO)

Role
EVP & Chief Operating Officer
Signature
/s/ Susan K. Prewitt, Attorney-in-Fact
Stock symbol
LECO
Transactions as of
May 11, 2023
Transactions value $
-$892,522
Form type
4
Date filed
5/12/2023, 04:30 PM
Previous filing
Mar 7, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LECO Common Shares Options Exercise $479K +8.24K +20.03% $58.14 49.4K May 11, 2023 Direct F1
transaction LECO Common Shares Sale -$1.37M -8.24K -16.68% $166.52 41.1K May 11, 2023 Direct F1, F2
holding LECO Common Shares 2.38K May 11, 2023 by 401(k)

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 -8.24K -100% $0.00* 0 May 11, 2023 Common Stock 8.24K $58.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes shares attributable to dividends accrued on the SPP shares pursuant to the Issuer's dividend reinvestment plan.
F2 This transaction was executed in multiple trades at prices ranging from $166.50 to $166.65. 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.