Linde PLC — Director's Dealing 2023

Mar 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2023-03-10

Reporting Person: White Matthew J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-10	Ordinary Shares	M	3590	—	Acquired	50391	Direct
2023-03-10	Ordinary Shares	F	1664	$345.92	Disposed	48727	Direct
2023-03-10	Ordinary Shares	M	10770	—	Acquired	59497	Direct
2023-03-10	Ordinary Shares	F	4991	$345.92	Disposed	54506	Direct
2023-03-10	Ordinary Shares	M	5830	—	Acquired	60336	Direct
2023-03-10	Ordinary Shares	F	2702	$345.92	Disposed	57634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-10	Performance Share Units	$0	A	10770	Acquired		Ordinary Shares (10770)	Direct
2023-03-10	Performance Share Units	$0	M	10770	Disposed		Ordinary Shares (10770)	Direct
2023-03-10	Performance Share Units	$0	A	5830	Acquired		Ordinary Shares (5830)	Direct
2023-03-10	Performance Share Units	$0	M	5830	Disposed		Ordinary Shares (5830)	Direct
2023-03-10	Restricted Stock Units	$0	M	3590	Disposed		Ordinary Shares (3590)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	2960.4510	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (2870)	2870	Direct
Restricted Stock Units	$		Ordinary Shares (2600)	2600	Direct
Restricted Stock Units	$		Ordinary Shares (3260)	3260	Direct
Stock Option (right to buy)	$354.14	2033-03-07	Ordinary Shares (18970)	18970	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 (1273.319)	1273.319	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: Shares of common stock acquired pursuant to the payout of a restricted stock unit grant made on March 9, 2020.

F3: Shares of common stock withheld from the payout to cover tax withholdings.

F4: The PSU paid out on March 10, 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 2020-2022 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2020.

F5: The PSU paid out on March 10, 2023 and the number of shares awarded and paid out was determined based upon the total shareholder return ("TSR") of Linde plc from 2020-2022 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2020.

F6: Restricted Stock Units that will vest in full and payout on or about March 7, 2026 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 7, 2025 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 8, 2024 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, 2024.

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 vested in full and 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.