Linde PLC — Director's Dealing 2019

Jun 10, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2019-06-06

Reporting Person: ANGEL STEPHEN F (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-06	Ordinary Shares	M	236510	$109.68	Acquired	431462	Direct
2019-06-06	Ordinary Shares	F	179936	$198.00	Disposed	251526	Direct
2019-06-06	Ordinary Shares	S	56574	$197.27	Disposed	194952	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-06	Stock Option (right to buy)	$109.68	M	236510	Disposed	2022-02-28	Ordinary Shares (236510)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	2268	Indirect
Ordinary Shares	71029	Indirect
Ordinary Shares	20517	Indirect
Ordinary Shares	10434.867	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Ordinary Shares (15755)	15755	Direct
Restricted Stock Units	$0		Ordinary Shares (38270)	38270	Direct
Restricted Stock Units	$0		Ordinary Shares (29580)	29580	Direct
Restricted Stock Units	$0		Ordinary Shares (47632)	47632	Direct
Restricted Stock Units	$0		Ordinary Shares (30215)	30215	Direct
Restricted Stock Units	$0		Ordinary Shares (32580)	32580	Direct
Stock Option (right to buy)	$110.58	2023-02-26	Ordinary Shares (187015)	187015	Direct
Stock Option (right to buy)	$128.80	2024-02-25	Ordinary Shares (203930)	203930	Direct
Stock Option (right to buy)	$128.38	2025-02-24	Ordinary Shares (261075)	261075	Direct
Stock Option (right to buy)	$102.22	2026-02-23	Ordinary Shares (416355)	416355	Direct
Stock Option (right to buy)	$118.71	2027-02-28	Ordinary Shares (435850)	435850	Direct
Stock Option (right to buy)	$154.00	2028-02-27	Ordinary Shares (318780)	318780	Direct
Stock Option (right to buy)	$176.63	2029-03-20	Ordinary Shares (177605)	177605	Direct
Deferred Stock Units	$0		Ordinary Shares (102381.689)	102381.689	Direct

Footnotes

F1: This stock option was exercised pursuant to a Rule 10b5-1 Plan dated May 24, 2019. The reporting person acquired 236,510 shares upon the exercise of the stock option, and the Company withheld 179,936 shares to cover the option exercise price and for taxes. The balance of the shares after the withholdings was 56,574, which were sold. The reporting person sold only the balance of the shares acquired upon exercise of the stock option and did not sell any of his shares held prior to the option exercise.

F2: Ordinary Shares withheld to pay the option exercize price and taxes.

F3: The price reported is the weighted average sale price. The sale prices ranged from $196.79 to $198.00. Upon request of the SEC Staff, Linde plc or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.

F4: Restricted Stock Units that will vest in full and payout on March 20, 2022 in Linde plc Ordinary Shares on a one-for-one basis.

F5: Restricted Stock Units that will vest in full and payout on February 27, 2021 in Linde plc Ordinary Shares on a one-for-one basis.

F6: Restricted Stock Units that have vested in full but whose payout has been deferred to a future date.

F7: Restricted Stock Units that will vest in full and payout on February 28, 2020 in Linde plc Ordinary Shares on a one-for-one basis.

F8: This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.

F9: This option vests over three years in three consecutive equal annual installments beginning February 23, 2017.

F10: This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.

F11: This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.

F12: This option vests over three years in three consecutive equal annual installments beginning on March 20, 2020.

F13: Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.

F14: Deferred Stock Units acquired under the Compensation Deferral Plan ("Deferral Plan") pursuant to a prior election to defer compensation. The deferred stock units will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Deferral Plan.