Sean Durbin - 11 Mar 2024 Form 4 Insider Report for LINDE PLC (LIN)

Role
Executive VP, North America
Signature
Anthony M. Pepper as attorney-in-fact
Issuer symbol
LIN
Transactions as of
11 Mar 2024
Net transactions value
-$4,747,451
Form type
4
Filing time
13 Mar 2024, 21:28:46 UTC
Previous filing
11 Mar 2024
Next filing
20 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $0 +5,430 +67% $0.000000 13,579 11 Mar 2024 Direct F1
transaction LIN Ordinary Shares Tax liability $1,213,126 -2,623 -19% $462.55 10,956 11 Mar 2024 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +2,970 +27% $0.000000 13,926 11 Mar 2024 Direct F1
transaction LIN Ordinary Shares Tax liability $663,533 -1,435 -10% $462.55 12,492 11 Mar 2024 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +1,810 +14% $0.000000 14,302 11 Mar 2024 Direct F3
transaction LIN Ordinary Shares Tax liability $404,376 -874 -6.1% $462.55 13,428 11 Mar 2024 Direct F2
transaction LIN Ordinary Shares Sale $2,466,417 -5,277 -39% $467.39 8,151 12 Mar 2024 Direct F4

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 Performance Share Units Award $0 +5,430 $0.000000 5,430 11 Mar 2024 Ordinary Shares 5,430 Direct F5
transaction LIN Performance Share Units Options Exercise $0 -5,430 -100% $0.000000* 0 11 Mar 2024 Ordinary Shares 5,430 Direct F5, F6
transaction LIN Performance Share Units Award $0 +2,970 $0.000000 2,970 11 Mar 2024 Ordinary Shares 2,970 Direct F6
transaction LIN Performance Share Units Options Exercise $0 -2,970 -100% $0.000000* 0 11 Mar 2024 Ordinary Shares 2,970 Direct F6
transaction LIN Restricted Stock Units Options Exercise $0 -1,810 -100% $0.000000* 0 11 Mar 2024 Ordinary Shares 1,810 Direct F10
holding LIN Restricted Stock Units 1,470 11 Mar 2024 Ordinary Shares 1,470 Direct F7
holding LIN Restricted Stock Units 1,430 11 Mar 2024 Ordinary Shares 1,430 Direct F8
holding LIN Restricted Stock Units 1,595 11 Mar 2024 Ordinary Shares 1,595 Direct F9
holding LIN Stock Options (right to buy) 9,510 11 Mar 2024 Ordinary Shares 9,510 $465.29 Direct F11
holding LIN Stock Options (right to buy) 10,540 11 Mar 2024 Ordinary Shares 10,540 $354.14 Direct F12
holding LIN Stock Options (right to buy) 12,395 11 Mar 2024 Ordinary Shares 12,395 $270.99 Direct F13
holding LIN Stock Options (right to buy) 19,070 11 Mar 2024 Ordinary Shares 19,070 $253.68 Direct F14
holding LIN Stock Options (right to buy) 7,045 11 Mar 2024 Ordinary Shares 7,045 $173.13 Direct F15
holding LIN Stock Options (right to buy) 7,795 11 Mar 2024 Ordinary Shares 7,795 $176.63 Direct F16
holding LIN Stock Options 12,170 11 Mar 2024 Ordinary Shares 12,170 $154.00 Direct F17
holding LIN Stock Options (right to buy) 5,945 11 Mar 2024 Ordinary Shares 5,945 $118.71 Direct F18
holding LIN Deferred Stock Units 290 11 Mar 2024 Ordinary Shares 290 Direct F19, F20
* 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 Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 8, 2021.
F2 Ordinary shares withheld from the payout to cover tax withholdings.
F3 Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 8, 2021.
F4 This transaction is pursuant to a 10b5-1 plan dated June 15, 2023.
F5 The PSU paid out on March 11, 2024 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2021-2023 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2021.
F6 The PSU paid out on March 11, 2023 and the number of shares awarded and paid out was determined based upon the average annual total shareholder return ("TSR") of Linde plc from 2021-2023 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2021.
F7 Restricted Stock Units that will vest in full and payout on or about March 7, 2027 in Linde plc Ordinary Shares on a one-for-one basis.
F8 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
F9 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.
F10 Restricted Stock Units that vested in full and paid out on March 11, 2024 in Linde plc Ordinary Shares on a one-for-one basis.
F11 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
F12 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F13 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F14 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F15 This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F16 This option vests over three years in three consecutive equal annual installments beginning on March 20,2020.
F17 This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.
F18 This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
F19 Conversion to Linde plc Ordinary Shares is on a one-to-one basis.
F20 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.