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Linde PLC — Director's Dealing 2020
Mar 13, 2020
9953_dirs_2020-03-13_99429ab0-ac8e-4ad4-859b-7047be581b56.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2020-03-12
Reporting Person: Bruch Christian (Executive VP Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-12 | Ordinary Shares | M | 646 | $1.92 | Acquired | 10629 | Direct |
| 2020-03-12 | Ordinary Shares | S | 336 | $162.99 | Disposed | 10293 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-12 | Stock Option (right to buy) | $1.92 | M | 646 | Disposed | 2020-06-01 | Ordinary Shares (646) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Retricted Stock Units | $0 | Ordinary Shares (2360) | 2360 | Direct | |
| Restricted Stock Units | $ | Ordinary Shares (376) | 376 | Direct | |
| Restricted Stock Units | $ | Ordinary Shares (624) | 624 | Direct | |
| Restricted Stock Units | $ | Orindary Shares (2660) | 2660 | Direct | |
| Stock Options (right to buy) | $173.13 | 2030-03-09 | Ordinary Shares (28695) | 28695 | 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 Options (right to buy) | $176.63 | 2029-03-20 | Ordinary Shares (29975) | 29975 | Direct |
Footnotes
F1: Ordinary shares sold to pay exercise price and taxes, and the reporting person retained the 310 shares net of the sale of shares.
F2: Restricted Stock Units that will vest in full and payout on or about March 9, 2023 in Linde plc Ordinary Shares on a one-for-one basis.
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-to-one basis.
F7: This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F8: This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.