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: Hoyt Kelcey E (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-21	Ordinary Shares	M	1600	—	Acquired	6329.107	Direct
2022-03-21	Ordinary Shares	F	502	$311.66	Disposed	5827.107	Direct
2022-03-21	Ordinary Shares	M	790	—	Acquired	6617.107	Direct
2022-03-21	Ordinary Shares	F	349	$311.66	Disposed	6268.107	Direct
2022-03-21	Ordinary Shares	M	535	—	Acquired	6803.107	Direct
2022-03-21	Ordinary Shares	F	248	$311.66	Disposed	6555.107	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-21	Restricted Stock Units	$	M	535	Disposed		Ordinary Shares (535)	Direct
2022-03-21	Performance Share Units	$	A	1600	Acquired		Ordinary Shares (1600)	Direct
2022-03-21	Performance Share Units	$	M	1600	Disposed		Ordinary Shares (1600)	Direct
2022-03-21	Performance Share Units	$	A	790	Acquired		Ordinary Shares (790)	Direct
2022-03-21	Performance Share Units	$	M	790	Disposed		Ordinary Shares (790)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	511.627	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (310)	310	Direct
Restricted Stock Units	$		Ordinary Shares (390)	390	Direct
Restricted Stock Units	$		Ordinary Shares (460)	460	Direct
Stock Options (right to buy)	$270.99	2032-03-07	Ordinary Shares (2680)	2680	Direct
Stock Option (right to buy)	$253.68	2031-03-08	Ordinary Shares (4100)	4100	Direct
Stock Option (right to buy)	$173.13	2030-03-09	Ordinary Shares (5545)	5545	Direct
Stock Option (right to buy)	$176.63	2029-03-20	Ordinary Shares (5995)	5995	Direct
Stock Option (right to buy)	$128.80	2024-02-25	Ordinary Shares (3735)	3735	Direct
Stock Option (right to buy)	$128.38	2025-02-24	Ordinary Shares (5150)	5150	Direct
Stock Option (right to buy)	$102.22	2026-02-23	Ordinary Shares (9360)	9360	Direct
Stock Option (right to buy)	$118.71	2027-02-28	Ordinary Shares (10500)	10500	Direct
Stock Option (right to buy)	$154.00	2028-02-27	Ordinary Shares (9700)	9700	Direct
Deferred Stock Unit	$		Ordinary Shares (86.111)	86.111	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: This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.

F10: This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.

F11: This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.

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

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 one-for-one basis.

F15: Deferred stock units acquired under the Compensation Deferred 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.