Charles A. Bacon III - Mar 8, 2023 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role: President and CEO, Director
Signature: /s/ Jeremiah G. Garvey, Attorney-in-Fact for Charles A. Bacon III
Stock symbol: LMB
Transactions as of: Mar 8, 2023
Transactions value $: -$78,952
Form type: 4
Date filed: 3/10/2023, 03:21 PM
Previous filing: Jan 4, 2023
Next filing: May 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMB	Common Stock	Award	$0	+23.8K	+5.23%	$0.00	479K	Mar 8, 2023	Direct	F1
transaction	LMB	Common Stock	Tax liability	-$79K	-5.8K	-1.21%	$13.61	473K	Mar 8, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 23,822 shares of Limbach Holdings, Inc. common stock issued to the reporting person on March 8, 2023 upon vesting of 17,500 performance-based restricted stock units, based on the achievement of certain pre-established performance goals at above-target levels for the performance period commencing on January 1, 2020 through December 31, 2022. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
F2	Reflects the withholding of 5,801 shares by Limbach Holdings, Inc. (the "Company") to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.

Content

Represents 23,822 shares of Limbach Holdings, Inc. common stock issued to the reporting person on March 8, 2023 upon vesting of 17,500 performance-based restricted stock units, based on the achievement of certain pre-established performance goals at above-target levels for the performance period commencing on January 1, 2020 through December 31, 2022. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.

Reflects the withholding of 5,801 shares by Limbach Holdings, Inc. (the "Company") to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.