Sean Durbin - Sep 14, 2023 Form 4 Insider Report for LINDE PLC (LIN)

Role
Executive VP, North America
Signature
Anthony M. Pepper, Attorney-in-Fact
Stock symbol
LIN
Transactions as of
Sep 14, 2023
Transactions value $
-$935,226
Form type
4
Date filed
9/18/2023, 01:02 PM
Previous filing
Jun 16, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $154K +1K +12.27% $154.00 9.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Tax liability -$266K -689 -7.53% $386.75 8.46K Sep 14, 2023 Direct F1
transaction LIN Ordinary Shares Sale -$120K -311 -3.68% $386.75 8.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Options Exercise $154K +1K +12.27% $154.00 9.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Tax liability -$267K -689 -7.53% $387.37 8.46K Sep 14, 2023 Direct F1
transaction LIN Ordinary Shares Sale -$120K -311 -3.68% $386.75 8.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Options Exercise $154K +1K +12.27% $154.00 9.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Tax liability -$267K -689 -7.53% $387.37 8.46K Sep 14, 2023 Direct F1
transaction LIN Ordinary Shares Sale -$120K -311 -3.68% $386.75 8.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Options Exercise $154K +1K +12.27% $154.00 9.15K Sep 14, 2023 Direct
transaction LIN Ordinary Shares Tax liability -$268K -688 -7.52% $390.05 8.46K Sep 14, 2023 Direct F1
transaction LIN Ordinary Shares Sale -$122K -312 -3.69% $390.28 8.15K Sep 14, 2023 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 LIN Stock Options Options Exercise $0 -4K -24.74% $0.00 12.2K Sep 14, 2023 Ordinary Shares 4K $154.00 Direct F10
holding LIN Restricted Stock Units 1.6K Sep 14, 2023 Ordinary Shares 1.6K Direct F2
holding LIN Restricted Stock Units 1.43K Sep 14, 2023 Ordinary Shares 1.43K Direct F3
holding LIN Restricted Stock Units 1.81K Sep 14, 2023 Ordinary Shares 1.81K Direct F4
holding LIN Stock Options 10.5K Sep 14, 2023 Ordinary Shares 10.5K $354.14 Direct F5
holding LIN Stock Options 12.4K Sep 14, 2023 Ordinary Shares 12.4K $270.99 Direct F6
holding LIN Stock Options 19.1K Sep 14, 2023 Ordinary Shares 19.1K $253.68 Direct F7
holding LIN Stock Options 7.05K Sep 14, 2023 Ordinary Shares 7.05K $173.13 Direct F8
holding LIN Stock Options 7.8K Sep 14, 2023 Ordinary Shares 7.8K $176.63 Direct F9
holding LIN Stock Options 5.95K Sep 14, 2023 Ordinary Shares 5.95K $118.71 Direct F11
holding LIN Deferred Stock Units 244 Sep 14, 2023 Ordinary Shares 244 Direct F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares of common stock withheld to cover exercise price and tax withholdings.
F2 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.
F3 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
F4 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.
F5 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F6 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F7 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F8 This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F9 This option vests over three years in three consecutive equal annual installments beginning on March 20, 2020.
F10 This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.
F11 This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
F12 Conversion to Linde plc Ordinary Shares is on a one-to-one basis.
F13 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.