Geoffrey P. Allman - Feb 27, 2024 Form 4 Insider Report for LINCOLN ELECTRIC HOLDINGS INC (LECO)

Role
SVP, STRATEGY & BUSINESS DEVEL
Signature
/s/ Susan K. Prewitt, Attorney-in-Fact
Stock symbol
LECO
Transactions as of
Feb 27, 2024
Transactions value $
-$1,030,641
Form type
4
Date filed
2/28/2024, 04:34 PM
Previous filing
Feb 22, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LECO Common Shares Options Exercise $195K +2.2K +21.45% $88.44 12.5K Feb 27, 2024 Direct F1
transaction LECO Common Shares Sale -$834K -3.31K -26.54% $252.33 9.15K Feb 27, 2024 Direct

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 -2.2K -51.21% $0.00 2.1K Feb 27, 2024 Common Stock 2.2K $88.44 Direct F2
transaction LECO Deferred Shares Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$391K -1.53K -100% $254.89 0 Feb 27, 2024 Common Shares 1.53K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred shares reported on Table II were previously earned under Issuer equity awards and previously reported in the Reported Person's direct common share holdings on Table I.
F2 Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
F3 A deferred share is the economic equivalent of one Issuer common share. Deferred shares are payable in Issuer common shares pursuant to the Reporting Person's deferral election, but the Reporting Person may be authorized to transfer deferred shares into alternative investments, under the Issuer's 2005 Deferred Compensation Plan for Executives.