Michael M. McCann - Mar 13, 2024 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
Chief Executive Officer, Director
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Michael M. McCann
Stock symbol
LMB
Transactions as of
Mar 13, 2024
Transactions value $
-$613,690
Form type
4
Date filed
3/15/2024, 05:21 PM
Previous filing
Jan 3, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Award $0 +31.3K +45.05% $0.00 101K Mar 13, 2024 Direct F1
transaction LMB Common Stock Tax liability -$614K -12.3K -12.22% $49.76 88.6K Mar 13, 2024 Direct F2
holding LMB Common Stock 42.1K Mar 13, 2024 The McCann Family Revocable Living Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 31,340 shares of Limbach Holdings, Inc. (the "Company") common stock issued to the reporting person on March 13, 2024 upon vesting of 23,333 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 12,333 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 McCann Family Revocable Living Trust. The Reporting Person and his spouse are trustees of The McCann Family Revocable Living Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.