Sanjiv Lamba - 25 May 2022 Form 4 Insider Report for LINDE PLC (LIN)

Role: Chief Executive Officer, Director
Signature: Anthony M. Pepper as attorney-in-fact
Issuer symbol: LIN
Transactions as of: 25 May 2022
Transactions value $: $5,453
Form type: 4
Filing time: 27 May 2022, 11:59:32 UTC
Previous filing: 27 May 2022
Next filing: 15 Feb 2023
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	$5.45K	+2.84K	+6.42%	$1.92^*	47.1K	25 May 2022	Direct	F1

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	Stock Option (right to buy)	Options Exercise	$0	-2.84K	-100%	$0.00^*	0	25 May 2022	Ordinary Shares	2.84K	$1.92	Direct	F9
holding	LIN	Restricted Stock Units						6.34K	25 May 2022	Ordinary Shares	6.34K		Direct	F2
holding	LIN	Restricted Stock Units						3.9K	25 May 2022	Ordinary Shares	3.9K		Direct	F3
holding	LIN	Restricted Stock Units						3.09K	25 May 2022	Ordinary Shares	3.09K		Direct	F4
holding	LIN	Stock Options (right to buy)						54.9K	25 May 2022	Ordinary Shares	54.9K	$270.99	Direct	F5
holding	LIN	Stock Option (right to buy)						41K	25 May 2022	Ordinary Shares	41K	$253.68	Direct	F6
holding	LIN	Stock Option (right to buy)						37.6K	25 May 2022	Ordinary Shares	37.6K	$173.13	Direct	F7
holding	LIN	Stock Option (right to buy)						40.5K	25 May 2022	Ordinary Shares	40.5K	$176.63	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	There was no market sale of shares, and the reporting person held the total 2,840 shares resulting from the stock option exercise.
F2	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.
F3	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.
F4	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.
F5	This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F6	This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F7	This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
F8	This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.
F9	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.