Norbert W. Young - 11 Jul 2023 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Director
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Norbert W. Young
Issuer symbol
LMB
Transactions as of
11 Jul 2023
Net transactions value
-$22.19
Form type
4
Filing time
12 Jul 2023, 16:47:22 UTC
Previous filing
04 Jan 2023
Next filing
21 Sep 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 Exercise of in-the-money or at-the-money derivative security $41,350 +3,308 +9.3% $12.50 39,017 11 Jul 2023 Direct
transaction LMB Common Stock Sale $41,372 -1,661 -4.3% $24.91 37,356 11 Jul 2023 Direct F1

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 $12.50 Merger Warrants Exercise of in-the-money or at-the-money derivative security $0 -3,308 -100% $0.000000* 0 11 Jul 2023 Common Stock 3,308 $12.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 11, 2023, the Reporting Person exercised a warrant to purchase 3,308 shares of the Limbach Holdings, Inc. (the "Company") Common Stock for $12.50 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 1,661 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 1,647 shares.