Alex P. Schultz - Aug 2, 2024 Form 4 Insider Report for LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

Role
Director
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Alex P. Schultz
Stock symbol
LIND
Transactions as of
Aug 2, 2024
Transactions value $
$275,292
Form type
4
Date filed
8/5/2024, 07:24 PM
Previous filing
Jun 21, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Purchase $166K +22.3K +11.46% $7.43 217K Aug 2, 2024 Direct F1
transaction LIND Common Stock Purchase $110K +15.3K +7.04% $7.17 232K Aug 5, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $7.39 to $7.44. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $7.09 to $7.33. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.