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 OF SECURITIES 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 * Menezes Eduardo F   2. Issuer Name and Ticker or Trading Symbol PRAXAIR INC [PX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President (Last) (First) (Middle) C/O PRAXAIR, INC., 30 OLD RIDGEBURY ROAD 3. Date of Earliest Transaction (Month/Day/Year) 05/10/2016 (Street) DANBURY, CT 06810-5113 4. If Amendment, Date 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 (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 Common Stock 05/10/2016   M   25,000 A $ 61.47 63,046.798 (1) D   Common Stock 05/10/2016   S   25,000 D $ 114.01 (2) 38,046.798 (1) D   Common Stock               2,986.6717 I 401(k)

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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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

Stock Option (right to buy)

$ 61.47

05/10/2016

M

25,000

02/27/2008(3)

02/27/2017

Common Stock

25,000

$ 0

0

D

Stock Option (right to buy)

$ 83.89

02/26/2009(3)

02/26/2018

Common Stock

16,000

16,000

D

Stock Option (right to buy)

$ 76.16

02/23/2011(3)

02/23/2020

Common Stock

19,610

19,610

D

Stock Option (right to buy)

$ 97.84

02/22/2012(3)

02/22/2021

Common Stock

42,880

42,880

D

Stock Option (right to buy)

$ 109.68

02/28/2013(3)

02/28/2022

Common Stock

43,005

43,005

D

Stock Option (right to buy)

$ 110.58

02/26/2014(3)

02/26/2023

Common Stock

35,220

35,220

D

Stock Option (right to buy)

$ 128.8

02/25/2015(4)

02/25/2024

Common Stock

37,305

37,305

D

Stock Option (right to buy)

$ 128.38

02/24/2016(5)

02/24/2025

Common Stock

47,375

47,375

D

Stock Option (right to buy)

$ 102.22

02/23/2017(6)

02/23/2026

Common Stock

89,070

89,070

D

Deferred Stock

$ 0 (7)

(8)

(8)

Common Stock

699.969

699.969

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Menezes Eduardo F C/O PRAXAIR, INC. 30 OLD RIDGEBURY ROAD DANBURY, CT 06810-5113			Executive Vice President

Signatures

Anthony M. Pepper, Attorney-in-Fact		05/12/2016
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	This total includes shares preveiusly acquired through automatic dividend reinvestment under the Praxair Dividend Reinvestment and Stock Purchase Plan.
(2)	The $114.01 price reported is the weighted average sale price. The actual sale prices ranged from $114.00 to $114.09 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
(3)	This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
(4)	This option vests over three years in three consecutive equal annual installments beginning on February 25, 2015.
(5)	This option vests over three years in three consecutive equal annual installments beginning on February 24, 2016.
(6)	This options vests over three years in three consecutive equal annual installments beginning on February 23, 2017.
(7)	Conversion to Praxair Common Stock is on a 1-for-1 basis.
(8)	Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Program as amended ("Deferred Program") and are to be settled in Praxair Common Stock.

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