SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* Bruno Gabriel (Last) (First) (Middle) 22801 ST. CLAIR AVENUE (Street) CLEVELAND OH 44117-1199 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/08/2011	3. Issuer Name and Ticker or Trading Symbol LINCOLN ELECTRIC HOLDINGS INC [ LECO ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) V.P., Corporate Controller	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	10,050(1)	D
Common Shares	2,590.282(2)	I	by 401(k)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	11/30/2008	11/30/2015	Common Shares	6,200	$19.965	D
Employee Stock Option (Right to Buy)	11/29/2009	11/29/2016	Common Shares	4,100	$30.255	D
Employee Stock Option (Right to Buy)	11/28/2010	11/28/2017	Common Shares	5,340	$34.255	D
Employee Stock Option (Right to Buy)	(3)	12/03/2018	Common Shares	5,580	$21.985	D
Employee Stock Option (Right to Buy)	(4)	12/01/2019	Common Shares	6,680	$26.355	D
Employee Stock Option (Right to Buy)	(5)	12/01/2020	Common Shares	5,580	$31.315	D

Explanation of Responses:

1. 7,940 shares represents restricted stock.

2. Held by Trustee pursuant to The Lincoln Electric Company 401(k) plan. Holdings are reported on a unitized basis, which amount represents approximately 2,210.851 shares.

3. The options become exercisable in three annual installments on December 3, 2009; December 3, 2010 and December 3, 2011.

4. The options become exercisable in three annual installments on December 1, 2010, December 1, 2011 and December 1, 2012.

5. The options become exercisable in three annual installments on December 1, 2011, December 1, 2012 and December 1, 2013.

Remarks:

	/s/ Gabriel Bruno	09/19/2011
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.