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Linde PLC — Director's Dealing 2024
Mar 13, 2024
9953_dirs_2024-03-13_ba26fc24-5dd9-4426-87e3-383782fb6192.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LINDE PLC (LIN)
CIK: 0001707925
Period of Report: 2023-04-06
Reporting Person: Nowicki Juergen (Executive VP, Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-06 | Ordinary Shares | M | 3770 | — | Acquired | 10690 | Direct |
| 2023-04-06 | Ordinary Shares | F | 1926 | $355.44 | Disposed | 8764 | Direct |
| 2023-04-06 | Ordinary Shares | M | 2040 | — | Acquired | 10804 | Direct |
| 2023-04-06 | Ordinary Shares | F | 1043 | $355.44 | Disposed | 9761 | Direct |
| 2023-04-06 | Ordinary Shares | M | 1260 | — | Acquired | 11021 | Direct |
| 2023-04-06 | Ordinary Shares | F | 644 | $355.44 | Disposed | 10377 | Direct |
| 2024-03-11 | Ordinary Shares | M | 4750 | — | Acquired | 15127 | Direct |
| 2024-03-11 | Ordinary Shares | F | 2426.301 | $462.55 | Disposed | 12700.699 | Direct |
| 2024-03-11 | Ordinary Shares | M | 2600 | — | Acquired | 15300.699 | Direct |
| 2024-03-11 | Ordinary Shares | F | 1328.08 | $462.55 | Disposed | 13972.619 | Direct |
| 2024-03-11 | Ordinary Shares | M | 1585 | — | Acquired | 15557.619 | Direct |
| 2024-03-11 | Ordinary Shares | F | 809.619 | $462.55 | Disposed | 14748 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-06 | Performance Share Units | $ | A | 3770 | Acquired | Ordinary Shares (3770) | Direct | |
| 2023-04-06 | Performance Share Units | $ | M | 3770 | Disposed | Ordinary Shares (3770) | Direct | |
| 2023-04-06 | Performance Share Units | $ | A | 2040 | Acquired | Ordinary Shares (2040) | Direct | |
| 2023-04-06 | Performance Share Units | $ | M | 2040 | Disposed | Ordinary Shares (2040) | Direct | |
| 2023-04-06 | Restricted Stock Units | $ | M | 1260 | Disposed | Ordinary Shares (1260) | Direct | |
| 2024-03-11 | Performance Share Units | $ | A | 4750 | Acquired | Ordinary Shares (4750) | Direct | |
| 2024-03-11 | Performance Share Units | $ | M | 4750 | Disposed | Ordinary Shares (4750) | Direct | |
| 2024-03-11 | Performance Share Units | $ | A | 2600 | Acquired | Ordinary Shares (2600) | Direct | |
| 2024-03-11 | Performance Share Units | $ | M | 2600 | Disposed | Ordinary Shares (2600) | Direct | |
| 2024-03-11 | Restricted Stock Units | $ | M | 1585 | Disposed | Ordinary Shares (1585) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Ordinary Shares (1290) | 1290 | Direct | |
| Restricted Stock Units | $ | Ordinary Shares (1405) | 1405 | Direct | |
| Restricted Stock Units | $ | Ordinary Shares (1300) | 1300 | Direct | |
| Stock Options (right to buy) | $465.29 | 2034-03-07 | Ordinary Shares (8340) | 8340 | Direct |
| Stock Options (right to buy) | $354.14 | 2033-03-07 | Ordinary Share (9275) | 9275 | Direct |
| Stock Options (right to buy) | $270.99 | 2032-03-07 | Ordinary Shares (11270) | 11270 | Direct |
| Stock Options (right to buy) | $253.68 | 2031-03-08 | Ordinary Shares (16685) | 16685 | Direct |
| Stock Options (right to buy) | $176.63 | 2029-03-20 | Ordinary Shares (1620) | 1620 | Direct |
Footnotes
F1: Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on April 1, 2020.
F2: Ordinary shares withheld from the payout to cover tax withholdings.
F3: Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on April 1, 2020.
F4: Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 8, 2021.
F5: Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 8, 2021.
F6: The PSU paid out on April 6, 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.
F7: The PSU paid out on April 6, 2023 and the number of shares awarded and paid out was determined based upon the average annual 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.
F8: Restricted Stock Units that vested in full and paid out on April 6, 2023 in Linde plc Ordinary Shares on a one-for-one basis.
F9: The PSU paid out on March 11, 2024 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2021-2023 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2021.
F10: The PSU paid out on March 11, 2024 and the number of shares awarded and paid out was determined based upon the average annual total shareholder return ("TSR") of Linde plc from 2021-2023 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2021.
F11: Restricted Stock Units that will vest in full and payout on or about March 7, 2027 in Linde plc Ordinary Shares on a one-for-one basis.
F12: 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.
F13: 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.
F14: Restricted Stock Units that paid out on March 11, 2024 in Linde plc Ordinary Shares on a one-for-one basis.
F15: This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
F16: 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.
F17: This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F18: This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F19: This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F20: 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
F21: This option vests over three years in three consecutive equal annual installments beginning on March 20, 2020.