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.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Additional SEC filing notes
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.