Craig Felenstein - Jun 7, 2021 Form 4 Insider Report for LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

Role
Chief Financial Officer
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Craig Felenstein
Stock symbol
LIND
Transactions as of
Jun 7, 2021
Transactions value $
-$166,347
Form type
4
Date filed
6/9/2021, 05:11 PM
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Options Exercise $114K +12K +6.35% $9.47 201K Jun 7, 2021 Direct
transaction LIND Common Stock Tax liability -$166K -9.02K -4.49% $18.44 192K Jun 7, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIND Stock Options (Right to Buy) Options Exercise -$114K -12K -6% $9.47 188K Jun 7, 2021 Common Stock 12K $9.47 Direct F2
holding LIND Restricted Stock Units 4.5K Jun 7, 2021 Common Stock 4.5K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit represents the right to receive one share of common stock or an equivalent amount of cash.
F2 The options vest annually pro rata over a four-year period.
F3 The restricted stock units vest in three annual installments beginning March 29, 2020, subject to the Reporting Person's continued employment or service with the Company or its subsidiaries on the applicable vesting date.