Linde PLC — Director's Dealing 2022

Mar 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2022-03-21

Reporting Person: White Matthew J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-21	Ordinary Shares	M	12510	—	Acquired	47052	Direct
2022-03-21	Ordinary Shares	F	5798	$311.66	Disposed	41254	Direct
2022-03-21	Ordinary Shares	M	6170	—	Acquired	47424	Direct
2022-03-21	Ordinary Shares	F	2860	$311.66	Disposed	44564	Direct
2022-03-21	Ordinary Shares	M	4170	—	Acquired	48734	Direct
2022-03-21	Ordinary Shares	F	1933	$311.66	Disposed	46801	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-21	Restricted Stock Units	$	M	4170	Disposed		Ordinary Shares (4170)	Direct
2022-03-21	Performance Share Units	$	A	12510	Acquired		Ordinary Shares (12510)	Direct
2022-03-21	Performance Share Units	$	M	12510	Disposed		Ordinary Shares (12510)	Direct
2022-03-21	Performance Share Units	$	A	6170	Acquired		Ordinary Shares5 (6170)	Direct
2022-03-21	Performance Share Units	$	M	6170	Disposed		Ordinary Shares (6170)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	2913.328	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Ordinary Shares (2600)	2600	Direct
Restricted Stock Units	$0		Ordinary Shares (3260)	3260	Direct
Restricted Stock Units	$0		Ordinary Shares (3590)	3590	Direct
Stock Options (right to buy)	$270.99	2032-03-07	Ordinary Shares (22535)	22535	Direct
Stock Option (right to buy)	$253.68	2031-03-08	Ordinary Shares (34320)	34320	Direct
Stock Option (right to buy)	$173.13	2030-03-09	Ordinary Shares (43695)	43695	Direct
Stock Option (right to buy)	$176.63	2029-03-20	Ordinary Shares (47020)	47020	Direct
Stock Option (right to buy)	$128.38	2025-02-24	Ordinary Shares (40865)	40865	Direct
Stock Option (right to buy)	$102.22	2026-02-23	Ordinary Shares (85205)	85205	Direct
Stock Option (right to buy)	$118.71	2027-02-28	Ordinary Shares (72795)	72795	Direct
Stock Option (right to buy)	$154.00	2028-02-27	Ordinary Shares (64665)	64665	Direct
Deferred Stock Units	$		Ordinary Shares (1192.919)	1192.919	Direct

Footnotes

F1: Shares of common stock acquired pursuant to the payout of a performance share unit grant made on March 20, 2019 (the "PSU").

F2: Shares of common stock withheld from the payout to cover tax withholdings.

F3: Shares of common stock acquired pursuant to the payout of a restricted stock unit grant made on March 20, 2019

F4: The PSU paid out on March 21, 2022 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2019-2021 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2019.

F5: The PSU paid out on March 21, 2022 and the number of shares awarded and paid out was determined based upon the total shareholder return ("TSR") of Linde plc from 2019-2021 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2019.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

F10: This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.

F11: This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.

F12: This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.

F13: This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.

F14: Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.

F15: Deferred stock units acquired under the Linde Compensation Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Share on a one-for-one basis in accordance with the Plan.