Steven B. Hedlund - Dec 7, 2023 Form 4 Insider Report for LINCOLN ELECTRIC HOLDINGS INC (LECO)

Signature
/s/ Susan K. Prewitt, Attorney-in-Fact
Stock symbol
LECO
Transactions as of
Dec 7, 2023
Transactions value $
-$1,499,916
Form type
4
Date filed
12/8/2023, 04:30 PM
Previous filing
Oct 24, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LECO Common Shares Options Exercise $512K +6.01K +14.97% $85.30 46.1K Dec 7, 2023 Direct F1
transaction LECO Common Shares Options Exercise $610K +6.88K +14.9% $88.74 53K Dec 7, 2023 Direct F1
transaction LECO Common Shares Sale -$2.62M -12.9K -24.3% $203.59 40.1K Dec 7, 2023 Direct F1, F2
holding LECO Common Shares 2.4K Dec 7, 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 -6.01K -100% $0.00* 0 Dec 7, 2023 Common Stock 6.01K $85.30 Direct F3
transaction LECO Employee Stock Option (Right to Buy) Options Exercise $0 -6.88K -100% $0.00* 0 Dec 7, 2023 Common Stock 6.88K $88.74 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 $203.50 to $203.785. 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.