LINCOLN ELEC HLDGS INC

Ticker: LECO CUSIP: 533900106 Class: COM

Vulcan Value Partners, LLC's Holding History (CIK: 0001556785)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 322,916 Value ($000) $18,913 Avg Close $54.42 Range $45.54 - $60.24

Q4 2015

Shares 624,119 Value ($000) $32,386 Avg Close $55.66 Range $49.71 - $62.95

Q3 2015

Shares 690,112 Value ($000) $36,183 Avg Close $58.61 Range $51.74 - $62.94

Q2 2015

Shares 297,896 Value ($000) $18,139 Avg Close $66.25 Range $60.85 - $71.15

Q2 2013

Shares 233,961 Value ($000) $13,399 Avg Close $55.81 Range $49.94 - $60.58

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	322,916	$18,913	$54.42	$45.54 - $60.24
Q4 2015	624,119	$32,386	$55.66	$49.71 - $62.95
Q3 2015	690,112	$36,183	$58.61	$51.74 - $62.94
Q2 2015	297,896	$18,139	$66.25	$60.85 - $71.15
Q2 2013	233,961	$13,399	$55.81	$49.94 - $60.58