Jay A. Sharp - 13 Mar 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
15 Mar 2024, 17:20:44 UTC
Prior SEC filing
03 Jan 2024
Next SEC filing
03 Jan 2025
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 15 Mar 2024.

Key facts

  • This page summarizes Jay A. Sharp's Form 4 filing for Limbach Holdings, Inc. (LMB).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Mar 2024, 17:20.

Change

  • Previous filing in this sequence was filed on 03 Jan 2024.
  • Current net transaction value: -$465,206.

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

Award

Transaction value
$0
Shares
+21,491
Change %
+43%
Price
$0.000000
Shares after
70,898
Date
13 Mar 2024
Ownership
Direct
Footnotes
F1, F2
LMB transaction

Common Stock

Tax liability

Transaction value
-$465,206
Shares
-9,349
Change %
-13%
Price
$49.76
Shares after
61,549
Date
13 Mar 2024
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents 21,491 shares of Limbach Holdings, Inc. (the "Company") common stock issued to the reporting person on March 13, 2024 upon vesting of 16,000 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, 2021 through December 31, 2023. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.

Footnote F2

The amount of common stock 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 F3

Reflects the withholding of 9,349 shares by the Company to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .