Michael M. McCann - 08 Mar 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
Issuer symbol
LMB
Transactions as of
08 Mar 2023
Net transactions value
-$78,952
Form type
4
Filing time
10 Mar 2023, 15:21:33 UTC
Previous filing
18 Jan 2023
Next filing
23 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Award $0 +13,613 +17% $0.000000 93,045 08 Mar 2023 Direct F1
transaction LMB Common Stock Award $0 +10,209 +11% $0.000000 103,254 08 Mar 2023 Direct F2
transaction LMB Common Stock Tax liability $78,952 -5,801 -5.6% $13.61 97,453 08 Mar 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.