Charles A. Bacon III - Apr 30, 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
Apr 30, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 05:58 PM
Previous filing
Mar 10, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMB Common Stock 473K Apr 30, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMB Restricted Stock Units Disposed to Issuer $0 -42.1K -100% $0.00* 0 Apr 30, 2023 Common Stock 42.1K Direct F1, F2
transaction LMB Restricted Stock Units Award $0 +1.15K $0.00 1.15K May 1, 2023 Common Stock 1.15K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's common stock, exempt under Rule 16b-3.
F2 Represents certain unvested shares of service-based restricted stock units of 3,889, 17,094 and 21,148 granted on January 1, 2021, January, 1, 2022 and January 4, 2023, respectively, that were forfeited on April 30, 2023 in accordance with the Reporting Person's Transition Employment Agreement dated January 17, 2023.
F3 This award of RSUs was granted on May 1, 2023 in accordance with the Reporting Person's Transition Employment Agreement dated January 17, 2023. The award is subject to service-based vesting conditions and will vest on the date of the Company's 2023 annual meeting of stockholders, to occur on or around June 22, 2023, subject to continued service through the applicable vesting date.