Jayme L. Brooks - Mar 13, 2024 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Chief Financial Officer
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Jayme L. Brooks
Stock symbol
LMB
Transactions as of
Mar 13, 2024
Transactions value $
-$525,565
Form type
4
Date filed
3/15/2024, 05:20 PM
Previous filing
Jan 3, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Award $0 +26.9K +33.43% $0.00 107K Mar 13, 2024 Direct F1
transaction LMB Common Stock Tax liability -$526K -10.6K -9.85% $49.76 96.7K Mar 13, 2024 Direct F2
holding LMB Common Stock 3.57K Mar 13, 2024 By Brooks Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 26,864 shares of Limbach Holdings, Inc. (the "Company") common stock issued to the reporting person on March 13, 2024 upon vesting of 20,000 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.
F2 Reflects the withholding of 10,562 shares by the Company to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
F3 Shares held by the Brooks Family Trust. The reporting person and her spouse are trustees of the Brooks Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.