CHRISTOPHER L. MAPES - 14 Jun 2023 Form 4 Insider Report for LINCOLN ELECTRIC HOLDINGS INC (LECO)

Role: Chairman, President and CEO, Director
Signature: /s/ Susan K. Prewitt, Attorney-in-Fact
Issuer symbol: LECO
Transactions as of: 14 Jun 2023
Net transactions value: -$12,114,908
Form type: 4
Filing time: 15 Jun 2023, 16:30:15 UTC
Previous filing: 09 May 2023
Next filing: 13 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LECO	Common Shares	Options Exercise	$5,176,204	+89,030	+49%	$58.14	269,414	14 Jun 2023	Direct
transaction	LECO	Common Shares	Sale	$5,079,926	-26,242	-9.7%	$193.58	243,172	14 Jun 2023	Direct	F1
transaction	LECO	Common Shares	Sale	$10,092,920	-51,929	-21%	$194.36	191,243	14 Jun 2023	Direct	F2
transaction	LECO	Common Shares	Sale	$2,118,265	-10,859	-5.7%	$195.07	180,384	14 Jun 2023	Direct	F3

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	LECO	Employee Stock Option (Right to Buy)	Options Exercise	$0	-89,030	-100%	$0.000000^*	0	14 Jun 2023	Common Stock	89,030	$58.14	Direct	F4

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

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $192.88 to $193.87. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	This transaction was executed in multiple trades at prices ranging from $193.88 to $194.87. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	This transaction was executed in multiple trades at prices ranging from $194.88 to $195.44. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Exercisable in equal installments on the first, second and third anniversaries of the date of grant.