Linde PLC — Director's Dealing 2023

Mar 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2023-03-21

Reporting Person: ANGEL STEPHEN F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-21	Ordinary Shares	M	1594.012	—	Acquired	365706.415	Direct
2023-03-21	Ordinary Shares	F	590.000	$338.810	Disposed	365116.415	Direct
2023-03-21	Ordinary Shares	M	4781.526	—	Acquired	369897.941	Direct
2023-03-21	Ordinary Shares	F	1770.000	$338.810	Disposed	368127.941	Direct
2023-03-21	Ordinary Shares	M	2355.352	—	Acquired	370483.293	Direct
2023-03-21	Ordinary Shares	F	872.000	$338.810	Disposed	369611.293	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-21	Performance Share Units	$0	A	4781.526	Acquired		Ordinary Shares (4781.526)	Direct
2023-03-21	Performance Share Units	$0	M	4781.526	Disposed		Ordinary Shares (4781.526)	Direct
2023-03-21	Performance Share Units	$0	A	2355.352	Acquired		Ordinary Shares (2355.352)	Direct
2023-03-21	Performance Share Units	$0	M	2355.352	Disposed		Ordinary Shares (2355.352)	Direct
2023-03-21	Restricted Stock Units	$0	M	1594.012	Disposed		Ordinary Shares (14346.096)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	2268	Indirect
Ordinary Shares	71029	Indirect
Ordinary Shares	20517	Indirect
Ordinary Shares	10761.447	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (1409.462)	0	Direct
Restricted Stock Units	$		Ordinary Shares (1363)	1363	Direct
Restricted Stock Units	$0		Ordinary Shares (12670)	12670	Direct
Restricted Stock Units	$0		Ordinary Shares (13935)	13935	Direct
Restricted Stock Units	$		Ordinary Shares (31533.647)	31533.647	Direct
Restricted Stock Units	$		Ordinary Shares (31609.92)	31609.92	Direct
Restricted Stock Units	$		Ordinary Shares (49982.024)	49982.024	Direct
Restricted Stock Units	$		Ordinary Shares (32287.475)	32287.475	Direct
Restricted Stock Units	$		Ordinary Shares (34187.403)	34187.403	Direct
Stock Option (right to buy)	$253.68	2031-03-08	Ordinary Shares (133465)	133465	Direct
Stock Option (right to buy)	$173.13	2030-03-09	Ordinary Shares (169560)	169560	Direct
Stock Option (right to buy)	$102.22	2026-02-23	Ordinary Shares (216355)	216355	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 (119584.454)	119584.454	Direct

Footnotes

F1: On March 1, 2023, Linde plc (formerly Rounderway plc), an Irish public limited company ("New Linde"), became the successor of Linde plc, an Irish public limited company ("Old Linde"), pursuant to a scheme of arrangement and merger under Irish law. Pursuant to the scheme of arrangement, all outstanding ordinary shares of Old Linde were exchanged, on a one-for-one basis, for ordinary shares of New Linde, and Old Linde subsequently merged into New Linde and ceased to exist. The transaction did not alter the relative interests of security holders.

F2: Ordinary shares acquired pursuant to a partial installment payout of a restricted stock unit ("RSU") grant that has vested in full but whose payout has been deferred.

F3: Ordinary shares withheld from payouts to cover tax withholdings.

F4: The Performance Share Unit ("PSU") grant partially paid out on March 21, 2023 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 grant partially paid out on March 21, 2023 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: The Restricted Stock Unit ("RSU") shall vest in full and payout in Ordinary Shares on a one-for-one basis one year after the March 7, 2023 date of grant, provided that the awardee serves on the Linde plc Board of Directors continuously through the vesting date, except under certain circumstances in which a pro-rata payout may be made.

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 have vested in full but whose payout has been deferred to a future date.

F10: Ordinary shares acquired pursuant to an installment payout of a RSU that vested in 2018.

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 vests over three years in three consecutive equal annual installments beginning February 23, 2017.

F14: This option vests over three years in three consecutive equal annual installments beginning on February 28, 2018.

F15: This option vests over three years in three consecutive equal annual installments beginning on February 27, 2019.

F16: This option vests over three years in three consecutive equal annual installments beginning on March 20, 2020.

F17: Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.

F18: Deferred Stock Units acquired under the Linde Compensation Deferral Plan that will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Deferral Plan.