Andreas Opfermann - 21 Mar 2022 Form 4 Insider Report for LINDE PLC (LIN)

Role
Executive VP, Clean Energy
Signature
Anthony M. Pepper, Attorney-in-Fact
Issuer symbol
LIN
Transactions as of
21 Mar 2022
Net transactions value
-$260,548
Form type
4
Filing time
23 Mar 2022, 14:23:25 UTC
Previous filing
09 Mar 2022
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $0 +960 +176% $0.000000 1,506 21 Mar 2022 Direct F1
transaction LIN Ordinary Shares Tax liability $142,117 -456 -30% $311.66 1,050 21 Mar 2022 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +480 +46% $0.000000 1,530 21 Mar 2022 Direct F1
transaction LIN Ordinary Shares Tax liability $71,058 -228 -15% $311.66 1,302 21 Mar 2022 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +320 +25% $0.000000 1,622 21 Mar 2022 Direct F3
transaction LIN Ordinary Shares Tax liability $47,372 -152 -9.4% $311.66 1,470 21 Mar 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIN Restricted Stock Units Options Exercise $0 -320 -100% $0.000000* 0 21 Mar 2022 Ordinary Shares 320 Direct F3
transaction LIN Performance Share Units Award $0 +960 $0.000000 960 21 Mar 2022 Ordinary Shares 960 Direct F4
transaction LIN Performance Share Units Options Exercise $0 -960 -100% $0.000000* 0 21 Mar 2022 Ordinary Shares 960 Direct F4
transaction LIN Performance Share Units Award $0 +480 $0.000000 480 21 Mar 2022 Ordinary Shares 480 Direct F5
transaction LIN Performance Share Units Options Exercise $0 -480 -100% $0.000000* 0 21 Mar 2022 Ordinary Shares 480 Direct F5
holding LIN Restricted Stock Units 1,365 21 Mar 2022 Ordinary Shares 1,365 $0.000000 Direct F6
holding LIN Restricted Stock Units 1,810 21 Mar 2022 Ordinary Shares 1,810 $0.000000 Direct F7
holding LIN Restricted Stock Units 2,145 21 Mar 2022 Ordinary Shares 2,145 $0.000000 Direct F8
holding LIN Stock Options (right to buy) 11,830 21 Mar 2022 Ordinary Shares 11,830 $270.99 Direct F9
holding LIN Stock Option (right to buy) 19,070 21 Mar 2022 Ordinary Shares 19,070 $253.68 Direct F10
holding LIN Stock Option (right to buy) 26,090 21 Mar 2022 Ordinary Shares 26,090 $173.13 Direct F11
holding LIN Stock Option (right to buy) 387 21 Mar 2022 Ordinary Shares 387 $1.92 Direct F12
holding LIN Stock Option (right to buy) 3,600 21 Mar 2022 Ordinary Shares 3,600 $176.63 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Stock options have been granted pursuant to the Business Combination Agreement among Praxair, Inc., Linde AG, Linde plc and certain of their affiliates, dated June 1, 2017, as amended (the "BCA"). The stock options replace certain previously granted equity awards granted by Linde AG that were terminated in connection with the closing of the Business Combination of Praxair, Inc. and Linde AG that occurred on October 31, 2018. A more detailed explanation of these stock option replacement awards is discussed in the Linde plc Registration Statement on Form S-4 (Amendment No. 4) filed with the SEC on August 11, 2017 under the section titled "The Business Combination - Interests of Directors, Board Members and Executive Officers in the Business Combination - Linde AG - Treatment of Equity Awards" on pages 183-187.
F13 This option vests over three years in three consecutive equal annual installments beginning on March 20,2020.