Joshua Horowitz - Jan 1, 2022 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Director
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Joshua S. Horowitz
Stock symbol
LMB
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 08:23 PM
Previous filing
Dec 16, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Options Exercise $0 +1.07K +6.35% $0.00 17.9K Jan 1, 2022 Direct
transaction LMB Common Stock Options Exercise $0 +1.07K +5.97% $0.00 18.9K Jan 1, 2022 Direct
holding LMB Common Stock 234K Jan 1, 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 -1.07K -20% $0.00 4.27K Jan 1, 2022 Common Stock 1.07K Direct F1, F2
transaction LMB Restricted Stock Units Options Exercise $0 -1.07K -24.98% $0.00 3.2K Jan 1, 2022 Common Stock 1.07K Direct F1, F3
transaction LMB Restricted Stock Units Award $0 +8.88K +277.29% $0.00 12.1K Jan 1, 2022 Common Stock 8.88K 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.