Jay A. Sharp - 01 Jan 2024 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jan 2024, 18:28:51 UTC
Prior SEC filing
16 May 2023
Next SEC filing
15 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Jay A. Sharp
Filing notes and source

Key filing fact

Jay A. Sharp filed Form 4 for Limbach Holdings, Inc. (LMB) on 03 Jan 2024.

Key facts

  • This page summarizes Jay A. Sharp's Form 4 filing for Limbach Holdings, Inc. (LMB).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Jan 2024, 18:28.

Change

  • Previous filing in this sequence was filed on 16 May 2023.
  • Current net transaction value: -$143,640.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LMB transaction

Common Stock

Tax liability

Transaction value
-$143,640
Shares
-3,159
Change %
-6%
Price
$45.47
Shares after
49,407
Date
01 Jan 2024
Ownership
Direct
Footnotes
F3
LMB holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
52,566
Date
01 Jan 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LMB transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+2,786
Change %
Price
$0.000000
Shares after
2,786
Date
01 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,786
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The amount of common stock also contains awards of restricted stock units (each, an "RSU") granted on January 1, 2022, January 4, 2023 and January 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 5,495 shares on January 1, 2025 and 3,194 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.

Footnote F2

The amount of common stock includes an aggregate 8,162 service-based RSUs that vested on January 1, 2024 related to certain awards granted on each of January 1, 2021, January 1, 2022, January 4, 2023 and January 17, 2023.

Footnote F3

Reflects the withholding of 3,159 shares by the Company to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.

Footnote F4

Each RSU represents a contingent right to receive one share of the Company's common stock, exempt under Rule 16b-3(d)(1) and (3).

Footnote F5

This award of RSUs was granted on January 1, 2024. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2025, January 1, 2026 and January 1, 2027, subject to continued employment through the applicable vesting date. The amounts reported above (related to this grant) do 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 achievement of the applicable performance goals. Any such RSU's will be reported on a Form 4 within two business days of the date of such determination.

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