Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | LMB | Common Stock | 40.1K | Mar 29, 2023 | Direct | F1 |
Id | Content |
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F1 | The amount of common stock contains awards of restricted stock units (each, an "RSU") granted on 1/1/2021, 1/1/2022, 1/4/2023, and 1/17/2023, respectively. Each RSU represents a contingent right to receive one share of Limbach Holdings, Inc. (the "Company") common stock, exempt under Rule 16b-3(d)(1) and (3). Each award is subject to service-based vesting conditions. The awards vest, in the aggregate, in the amount of 5,433 shares on January 1, 2024, 4,545 shares on January 1, 2025, and 2,507 shares on January 1, 2026. The amount of common stock does 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 achievements of the applicable performance goals. Any such performance-based RSU's will be reported on a Form 4 within two business days of the date of such determination. |