Linda G. Alvarado - 31 Dec 2021 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Director
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Linda G. Alvarado
Issuer symbol
LMB
Transactions as of
31 Dec 2021
Net transactions value
+$9,927
Form type
4
Filing time
04 Jan 2022, 16:56:01 UTC
Previous filing
01 Sep 2021
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Purchase $9,927 +1,099 $9.03 1,099 31 Dec 2021 Direct
transaction LMB Common Stock Options Exercise $0 +374 +34% $0.000000 1,473 01 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
transaction LMB Restricted Stock Units Options Exercise $0 -374 -15% $0.000000 2,134 01 Jan 2022 Common Stock 374 Direct F1, F2
transaction LMB Restricted Stock Units Award $0 +8,876 +416% $0.000000 11,010 01 Jan 2022 Common Stock 8,876 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Limbach Holdings, Inc. (the "Company") common stock, exempt under Rule 16b-3.
F2 This award of RSUs was granted on 09/1/2021. The award is subject to service-based vesting conditions and vests 14.92% on January 1, 2022 and 42.54% on each of January 1, 2023 and January 1, 2024, subject to continued service through the applicable vesting date.
F3 This award of RSUs was granted on 01/01/2022. The RSUs are scheduled to cliff vest on January 1, 2023.