Jayme L. Brooks - Mar 8, 2023 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role: Chief Financial Officer
Signature: /s/ Jeremiah G. Garvey, Attorney-in-Fact for Jayme L. Brooks
Stock symbol: LMB
Transactions as of: Mar 8, 2023
Transactions value $: -$89,976
Form type: 4
Date filed: 3/10/2023, 03:21 PM
Previous filing: Jan 4, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMB	Common Stock	Award	$0	+13.6K	+23.4%	$0.00	71.8K	Mar 8, 2023	Direct	F1
transaction	LMB	Common Stock	Award	$0	+8.17K	+11.37%	$0.00	80K	Mar 8, 2023	Direct	F2
transaction	LMB	Common Stock	Tax liability	-$90K	-6.61K	-8.27%	$13.61	73.4K	Mar 8, 2023	Direct	F3
holding	LMB	Common Stock						2.17K	Mar 8, 2023	By Brooks Family Trust	F4

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

Explanation of Responses:

Id	Content
F1	Represents 13,613 shares of Limbach Holdings, Inc. common stock issued to the reporting person on March 8, 2023 upon vesting of 10,000 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	Represents 8,167 shares of Limbach Holdings, Inc. common stock issued to the reporting person on March 8, 2023 upon vesting of 6,000 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. These performance-based RSUs were granted on October 1, 2019 and modified on December 18, 2020 by the Compensation Committee to align the award with the Company's other performance awards granted to certain executives on January 1, 2020. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
F3	Reflects the withholding of 6,611 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.
F4	Shares held by the Brooks Family Trust. The reporting person and her spouse are trustees of the Brooks Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.