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: Durbin Sean (Executive VP, EMEA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-10	Ordinary Shares	M	580	—	Acquired	9012	Direct
2023-03-10	Ordinary Shares	F	281	$345.92	Disposed	8731	Direct
2023-03-10	Ordinary Shares	M	1740	—	Acquired	10471	Direct
2023-03-10	Ordinary Shares	F	841	$345.92	Disposed	9630	Direct
2023-03-10	Ordinary Shares	M	940	—	Acquired	10570	Direct
2023-03-10	Ordinary Shares	F	455	$345.92	Disposed	10115	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-10	Performance Share Units	$0	A	1740	Acquired		Ordinary Shares (1740)	Direct
2023-03-10	Performance Share Units	$0	M	1740	Disposed		Ordinary Shares (1740)	Direct
2023-03-10	Performance Share Units	$0	A	940	Acquired		Ordinary Shares (940)	Direct
2023-03-10	Performance Share Units	$0	M	940	Disposed		Ordinary Shares (940)	Direct
2023-03-10	Restricted Stock Units	$0	M	580	Disposed		Ordinary Shares (580)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (1595)	1595	Direct
Restricted Stock Units	$		Ordinary Shares (1430)	1430	Direct
Restricted Stock Units	$		Ordinary Shares (1810)	1810	Direct
Stock Options (right to buy)	$354.14	2033-03-07	Ordinary Shares (10540)	10540	Direct
Stock Options (right to buy)	$270.99	2032-03-07	Ordinary Shares (12395)	12395	Direct
Stock Options (right to buy)	$253.68	2031-03-08	Ordinary Shares (19070)	19070	Direct
Stock Options (right to buy)	$173.13	2030-03-09	Ordinary Shares (7045)	7045	Direct
Stock Options (right to buy)	$176.63	2029-03-20	Ordinary Shares (7795)	7795	Direct
Stock Options (right to buy)	$154.00	2028-02-27	Ordinary Shares (16170)	16170	Direct
Stock Options (right to buy)	$118.710	2027-02-28	Ordinary Shares (5945)	0	Direct
Deferred Stock Units	$		Ordinary Shares (239.236)	239.236	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 over three years in three consecutive equal annual installments beginning one year after the date of the grant.

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

F15: Deferred stock units acquired under the Linde Compensation Deferral 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.