Craig Felenstein - Jan 7, 2022 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
Jan 7, 2022
Transactions value $
-$185,000
Form type
4
Date filed
1/10/2022, 03:42 PM
Previous filing
Jan 4, 2022
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Sale -$185K -10K -5.82% $18.50 162K Jan 7, 2022 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 Jan 7, 2022 Common Stock 188K $9.47 Direct F1
holding LIND Restricted Stock Units 4.5K Jan 7, 2022 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.