Sec Form 4 Filing - Bruch Christian @ LINDE PLC - 2020-03-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bruch Christian
2. Issuer Name and Ticker or Trading Symbol
LINDE PLC [ LIN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive VP Engineering
(Last) (First) (Middle)
C/O LINDE PLC, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/09/2020
(Street)
GUILDFORD, SURREY, X0GU2 7XY
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 9,983 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Retricted Stock Units $ 0 ( 1 ) 03/09/2020 A 2,360 ( 1 ) ( 1 ) Ordinary Shares 2,360 $ 0 2,360 D
Restricted Stock Units ( 2 ) ( 3 ) ( 3 ) ( 3 ) Ordinary Shares 376 376 D
Restricted Stock Units ( 2 ) ( 4 ) ( 4 ) ( 4 ) Ordinary Shares 624 624 D
Restricted Stock Units ( 5 ) ( 5 ) ( 5 ) Orindary Shares 2,660 2,660 D
Stock Options (right to buy) $ 173.13 03/09/2020 A 28,695 03/09/2021( 6 ) 03/09/2030 Ordinary Shares 28,695 $ 0 28,695 D
Stock Option (right to buy) ( 2 ) $ 1.92 06/01/2019 06/01/2020 Ordinary Shares 646 646 D
Stock Option (right to buy) ( 2 ) $ 1.92 06/01/2020 06/01/2021 Ordinary Shares 2,289 2,289 D
Stock Option (right to buy) ( 2 ) $ 1.92 06/07/2021 06/07/2022 Ordinary Shares 2,582 2,582 D
Stock Options (right to buy) $ 176.63 03/20/2020( 7 ) 03/20/2029 Ordinary Shares 29,975 29,975 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bruch Christian
C/O LINDE PLC
THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD
GUILDFORD, SURREY, X0GU2 7XY
Executive VP Engineering
Signatures
Attorney-in-Fact, Anthony M. Pepper 03/10/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Restricted Stock Units ("RSUs") and 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 RSUs and 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 RSU and 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.
( 3 )Restricted Stock Units that will vest in full and payout on or about June 1, 2020 in Linde plc Ordinary Shares on a one-for-one basis.
( 4 )Restricted Stock Units that will vest in full and payout on or about June 7, 2021 in Linde plc Ordinary Shares on a one-for-one basis.
( 5 )Restricted Stock Units that will vest in full and payout on or about March 20, 2022 in Linde plc Ordinary Shares on a one-to-one basis.
( 6 )This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
( 7 )This option vests over three years in three consecutive equal annual installments beginning March 20, 2020.

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