Craig Felenstein - 07 Jan 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
Issuer symbol
LIND
Transactions as of
07 Jan 2022
Net transactions value
-$185,000
Form type
4
Filing time
10 Jan 2022, 15:42:46 UTC
Previous filing
04 Jan 2022
Next filing
31 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Sale $185,000 -10,000 -5.8% $18.50 161,772 07 Jan 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) 188,000 07 Jan 2022 Common Stock 188,000 $9.47 Direct F1
holding LIND Restricted Stock Units 4,503 07 Jan 2022 Common Stock 4,502 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.