X0202 4 2008-02-26 0000884905 PRAXAIR INC PX 0001190778 CLARK PATRICK M 39 OLD RIDGEBURY ROAD DANBURY CT 06810-5113 0 1 0 0 Vice President and Controller Stock Option (right to buy) 83.89 2008-02-26 4 A 0 11400 0 A 2009-02-26 2018-02-26 Common Stock 11400 11400 D Stock Option (right to buy) 83.89 2008-02-26 4 A 0 5000 0 A 2011-02-26 2018-02-26 Common Stock 5000 5000 D Deferred Stock 0 2008-02-27 4 A 0 30.242 0 A Common Stock 30.242 526.536 D This option vests over three years in three consecutive equal annual installments beginning on February 26, 2009. This option will vest in full if Praxair, Inc. achieves cumulative fiscal year earnings per share growth of at least 33% over 2007 earnings per share at any time prior to January 1, 2011. If vested, the option may be exercised beginning on the third anniversary of the grant date. If Praxair, Inc. fails to meet the cumulative earnings per share goal, this option will be forfeited. Conversion to Praxair Common Stock is on a 1-for-1 basis. Deferred stock untis acquired under the 1993 Praxair, Inc. Compensation Deferral Program as amended ("Deferred Program") and are to be settled in Praxair Common Stock. Anthony M. Pepper, Attorney-in-Fact 2008-02-28