Linde PLC — Director's Dealing 2019

Jun 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2019-06-04

Reporting Person: Eulitz Bernd Hugo (Executive VP Americas Gases)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-04	Ordinary Shares	M	106	—	Acquired	10648	Direct
2019-06-04	Ordinary Shares	F	55	$180.55	Disposed	10593	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-04	Restricted Stock Units	$0	M	106	Disposed		Ordinary Shares (106)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (376)	376	Direct
Restricted Stock Units	$		Ordinary Shares (624)	624	Direct
Restricted Stock Units	$		Ordinary Shares (3590)	3590	Direct
Stock Option (right to buy)	$1.92	2020-06-01	Ordinary Shares (646)	646	Direct
Stock Option (right to buy)	$1.92	2021-06-01	Ordinary Shares (2289)	2289	Direct
Stock Option (right to buy)	$1.92	2022-06-07	Ordinary Shares (2582)	2582	Direct
Stock Option (right to buy)	$176.63	2029-03-20	Ordinary Shares (40470)	40470	Direct

Footnotes

F1: Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on April 24, 2019.

F2: Ordinary shares withheld from RSU payout to cover tax withholdings.

F3: Restricted Stock Units ("RSUs") and stock options have been granted pursuant to the Business Combination Agreement among Praxair, Inc., Linde AG, Linde plc and certain of their affiliates, dated June 1, 2017, as amended (the "BCA"). The RSUs and stock options replace certain previously granted equity awards granted by Linde AG that were terminated in connection with the closing of the Business Combination of Praxair, Inc. and Linde AG that occurred on October 31, 2018. A more detailed explanation of these RSU and stock option replacement awards is discussed in the Linde plc Registration Statement on Form S-4 (Amendment No. 4) filed with the SEC on August 11, 2017 under the section titled "The Business Combination - Interests of Directors, Board Members and Executive Officers in the Business Combination - Linde AG - Treatment of Equity Awards" on pages 183-187.

F4: Restricted Stock Units that will vest in full and payout on or about June 1, 2020 in Linde plc Ordinary Shares on a one-for-one basis.

F5: Restricted Stock Units that will vest in full and payout on or about June 7, 2021 in Linde plc Ordinary Shares on a one-for-one basis.

F6: Restricted Stock Units that will vest in full and payout on or about March 20, 2022 in Linde plc Ordinary Shares on a one-for-one basis.

F7: This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.