Michael M. McCann - Mar 8, 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
Mar 8, 2023
Transactions value $
-$78,952
Form type
4
Date filed
3/10/2023, 03:21 PM
Previous filing
Jan 18, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Award $0 +13.6K +17.14% $0.00 93K Mar 8, 2023 Direct F1
transaction LMB Common Stock Award $0 +10.2K +10.97% $0.00 103K Mar 8, 2023 Direct F2
transaction LMB Common Stock Tax liability -$79K -5.8K -5.62% $13.61 97.5K Mar 8, 2023 Direct F3
* 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 10,209 shares of Limbach Holdings, Inc. common stock issued to the reporting person on March 8, 2023 upon vesting of 7,500 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.
F3 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.