Michael M. McCann - Jan 17, 2023 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role: Chief Operating Officer
Signature: /s/ Jeremiah G. Garvey, Attorney-in-Fact for Michael M. McCann
Stock symbol: LMB
Transactions as of: Jan 17, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/18/2023, 02:38 PM
Previous filing: Jan 4, 2023
Next filing: Mar 10, 2023

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	Award	$0	+3.24K	+11.19%	$0.00	32.2K	Jan 17, 2023	Common Stock	3.24K		Direct	F1, F2

* 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. common stock, exempt under Rule 16b-3(d)(1) and (3).
F2	This award of RSUs was granted on 01/17/2023. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2024, January 1, 2025 and January 1, 2026, subject to continued employment through the applicable vesting date. The amounts reported above (related to this grant) do not include performance-based RSUs, if any, that may be earned by the reporting person but for which the Compensation Committee has not yet determined the achievement of the applicable performance goals. Any such RSU's will be reported on a Form 4 within two business days of the date of such determination.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Limbach Holdings, Inc. common stock, exempt under Rule 16b-3(d)(1) and (3).

This award of RSUs was granted on 01/17/2023. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2024, January 1, 2025 and January 1, 2026, subject to continued employment through the applicable vesting date. The amounts reported above (related to this grant) do not include performance-based RSUs, if any, that may be earned by the reporting person but for which the Compensation Committee has not yet determined the achievement of the applicable performance goals. Any such RSU's will be reported on a Form 4 within two business days of the date of such determination.