Joshua Horowitz - 01 Jan 2022 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Director
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Joshua S. Horowitz
Issuer symbol
LMB
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 20:23:21 UTC
Previous filing
16 Dec 2021
Next filing
24 Mar 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 Options Exercise $0 +1,067 +6.4% $0.000000 17,866 01 Jan 2022 Direct
transaction LMB Common Stock Options Exercise $0 +1,066 +6% $0.000000 18,932 01 Jan 2022 Direct
holding LMB Common Stock 233,517 01 Jan 2022 Palm Global Small Cap Master Fund LP

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 -1,067 -20% $0.000000 4,267 01 Jan 2022 Common Stock 1,067 Direct F1, F2
transaction LMB Restricted Stock Units Options Exercise $0 -1,066 -25% $0.000000 3,201 01 Jan 2022 Common Stock 1,066 Direct F1, F3
transaction LMB Restricted Stock Units Award $0 +8,876 +277% $0.000000 12,077 01 Jan 2022 Common Stock 8,876 Direct F1, F4
* 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 RSU's was granted on 04/03/2020. The award is subject to service-based vesting conditions and vests 27.241732% on January 1, 2021 and 36.379134% on each of January 1, 2022 and January 1, 2023, subject to continued service through the applicable vesting date.
F3 This award of RSUs was granted on 01/01/2021. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2022, January 1, 2023 and January 1, 2024, subject to continued service through the applicable vesting date.
F4 This award of RSUs was granted on 01/01/2022. The RSUs are scheduled to cliff vest on January 1, 2023.