Craig Felenstein - Dec 21, 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
Dec 21, 2021
Transactions value $
-$86,649
Form type
4
Date filed
12/23/2021, 04:51 PM
Previous filing
Dec 17, 2021
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Tax liability -$86.6K -5.26K -2.85% $16.47 179K Dec 21, 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
holding LIND Stock Options (Right to Buy) 188K Dec 21, 2021 Common Stock 188K $9.47 Direct F1
holding LIND Restricted Stock Units 4.5K Dec 21, 2021 Common Stock 4.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest annually pro rata over a four-year period.
F2 Upon vesting, each restricted stock unit represents the right to receive one share of common stock or an equivalent amount of cash.
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.