Sanjiv Lamba - Mar 7, 2025 Form 4 Insider Report for LINDE PLC (LIN)

Signature
Anthony M. Pepper as attorney-in-fact
Stock symbol
LIN
Transactions as of
Mar 7, 2025
Transactions value $
-$7,965,696
Form type
4
Date filed
3/11/2025, 08:01 PM
Previous filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIN Ordinary Shares Options Exercise $0 +6.34K +9.28% $0.00 74.6K Mar 10, 2025 Direct F1
transaction LIN Ordinary Shares Tax liability -$1.31M -2.79K -3.74% $468.77 71.8K Mar 10, 2025 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +19K +26.45% $0.00 90.8K Mar 10, 2025 Direct F3
transaction LIN Ordinary Shares Tax liability -$4.13M -8.8K -9.69% $468.77 82K Mar 10, 2025 Direct F2
transaction LIN Ordinary Shares Options Exercise $0 +11.7K +14.21% $0.00 93.7K Mar 10, 2025 Direct F3
transaction LIN Ordinary Shares Tax liability -$2.53M -5.4K -5.77% $468.77 88.3K Mar 10, 2025 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 Performance Share Units (ROC) Award $0 +19K $0.00 19K Mar 10, 2025 Ordinary Shares 19K $0.00 Direct F4
transaction LIN Performance Share Units (ROC) Options Exercise $0 -19K -100% $0.00 0 Mar 10, 2025 Ordinary Shares 19K $0.00 Direct F4
transaction LIN Performance Share Units (RTSR) Award $0 +11.7K $0.00 11.7K Mar 10, 2025 Ordinary Shares 11.7K $0.00 Direct F5
transaction LIN Performance Share Units (RTSR) Options Exercise $0 -11.7K -100% $0.00 0 Mar 10, 2025 Ordinary Shares 11.7K $0.00 Direct F5
transaction LIN Restricted Stock Units Options Exercise $0 -6.34K -100% $0.00 0 Mar 10, 2025 Ordinary Shares 6.34K Direct F6, F7
transaction LIN Restricted Stock Units Award $0 +6.36K $0.00 6.36K Mar 7, 2025 Ordinary Shares 6.36K $0.00 Direct F8
transaction LIN Stock Options (right to buy) Award $0 +44.7K $0.00 44.7K Mar 7, 2025 Ordinary Shares 44.7K $468.77 Direct F11
holding LIN Restricted Stock Units 6.41K Mar 7, 2025 Ordinary Shares 6.41K Direct F9
holding LIN Restricted Stock Units 7.02K Mar 7, 2025 Ordinary Shares 7.02K Direct F10
holding LIN Stock Options (right to buy) 41.5K Mar 7, 2025 Ordinary Shares 41.5K $465.29 Direct F12
holding LIN Stock Options (right to buy) 46.4K Mar 7, 2025 Ordinary Shares 46.4K $354.14 Direct F13
holding LIN Stock Options (right to buy) 54.9K Mar 7, 2025 Ordinary Shares 54.9K $270.99 Direct F14
holding LIN Stock Options (right to buy) 41K Mar 7, 2025 Ordinary Shares 41K $253.68 Direct F15
holding LIN Stock Options (right to buy) 37.6K Mar 7, 2025 Ordinary Shares 37.6K $173.13 Direct F16
holding LIN Stock Options (right to buy) 15.5K Mar 7, 2025 Ordinary Shares 15.5K $176.63 Direct F17
holding LIN Deferred Stock Units 406 Mar 7, 2025 Ordinary Shares 406 $0.00 Direct F6, F18
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 7, 2022.
F2 Ordinary shares withheld from the payout to cover tax withholdings.
F3 Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2022.
F4 The PSU paid out on March 10, 2025 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2022-2025 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2022.
F5 The PSU paid out on March 10, 2025 and the number of shares awarded and paid out was determined based upon the total shareholder return ("TSR") of Linde plc from 2022-2025 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2022.
F6 Conversion to Linde plc Ordinary Shares is on a 1-for-1 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 7, 2028 in Linde plc Ordinary Shares on a one-for-one basis.
F9 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.
F10 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.
F11 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
F12 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
F13 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
F14 This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
F15 This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
F16 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.
F17 This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.
F18 Deferred Stock Units acquired under the Linde Compensation Deferral Plan that will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Deferral Plan.