LINCOLN ELECTRIC HOLDINGS INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Issuer purchases of its common shares during the first quarter of 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ ​ ​ ​ ​ Shares Maximum Number ​ ​ ​ ​ ​ ​ ​ Repurchased ​ of Shares that May ​ ​ Total Number of ​ ​ ​ ​ as Part of Publicly ​ Yet be Purchased ​ ​ Shares ​ Average Price ​ Announced Plans or ​ Under the Plans or Period ​ Repurchased ​ Paid Per Share ​ Programs ​ Programs (2) January 1 - 31, 2022 59,295 (1) ​ $ 135.40 59,087 10,180,761 February 1 - 28, 2022 172,730 (1) ​ 127.06 151,177 10,029,584 March 1 - 31, 2022 573,177 (1) ​ 130.16 559,172 9,470,412 Total 805,202 ​ 129.88 769,436 ​ (1) The above share repurchases include the surrender of the Company’s common shares in connection with the vesting of restricted awards. (2) On February 12, 2020, the Company’s Board of Directors authorized a new share repurchase program for up to an additional 10 million shares of the Company’s common stock. Total shares purchased through the share repurchase programs were 0.5 million shares at a total cost of $69.6 million for a weighted average cost of $130.34 per share through March 31, 2022 . ITEM 4. MINE SAFETY DISCLOSURES Not applicable. ​ 31 Table of Contents ITEM 6. EXHIBITS (a) Exhibits ​ ​ ​ ​ 10.1 ​ ​ Form of Stock Option Agreement for Executive Officers (filed herewith). 10.2 ​ ​ Form of Restricted Stock Unit Agreement for Executive Officers (filed herewith). 10.3 ​ ​ Form of Performance Share Award Agreement for Executive Officers (filed herewith). 31.1 ​ ​ Certification of the Chairman, President and Chief Executive Officer (Principal Executive Officer) pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934. 31.2 ​ ​ Certification of the Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934. 32.1 ​ ​ Certification of the Chairman, President and Chief Executive Officer (Principal Executive Officer) and Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. ​ ​ ​ ​ 101.INS ​ ​ Inline XBRL Instance Document 101.SCH ​ ​ Inline XBRL Taxonomy Extension Schema Document 101.CAL ​ ​ Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.LAB ​ ​ Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE ​ ​ Inline XBRL Taxonomy Extension Presentation Linkbase Document 101.DEF ​ ​ Inline XBRL Taxonomy Extension Definition Linkbase Document 104 ​ ​ Cover page Interactive Data File (formatted as Inline XBRL and contained in the Exhibit 101 attachments) ​ ​ ​ ​ 32 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ​ ​ ​ ​ ​ LINCOLN ELECTRIC HOLDINGS, INC. ​ ​ ​ ​ ​ /s/ Gabriel Bruno ​ ​ Gabriel Bruno ​ ​ Executive Vice President, Chief Financial Officer and Treasurer ​ ​ (Principal Financial and Accounting Officer) ​ ​ April 28, 2022 ​ ​ ​ ​ ​ ​ 33