Jayme L. Brooks - Jan 1, 2025 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Jayme L. Brooks
Stock symbol
LMB
Transactions as of
Jan 1, 2025
Transactions value $
-$326,848
Form type
4
Date filed
1/3/2025, 05:06 PM
Previous filing
May 22, 2024

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMB Restricted Stock Units Options Exercise $0 -3.63K -22% $0.00 12.9K Jan 1, 2025 Common Stock 3.63K Direct F3, F4
transaction LMB Restricted Stock Units Options Exercise $0 -4.44K -34.49% $0.00 8.43K Jan 1, 2025 Common Stock 4.44K Direct F3, F5
transaction LMB Restricted Stock Units Options Exercise $0 -97 -1.15% $0.00 8.34K Jan 1, 2025 Common Stock 97 Direct F3, F6
transaction LMB Restricted Stock Units Options Exercise $0 -1.27K -15.19% $0.00 7.07K Jan 1, 2025 Common Stock 1.27K Direct F3, F7
transaction LMB Restricted Stock Units Award $0 +1.97K +27.89% $0.00 9.04K Jan 1, 2025 Common Stock 1.97K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding of shares by Limbach Holdings, Inc. (the "Company") to satisfy tax withholding requirements. Such transactions were exempt from Section 16(b) pursuant to Rule 16b-3.
F2 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.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's common stock, exempt under Rule 16b-3(d)(1) and (3).
F4 This award of RSUs was granted on January 1, 2022. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2023, January 1, 2024 and January 1, 2025, 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.
F5 This award of RSUs was granted on January 4, 2023. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2024, January 1, 2025 and January 1, 2026, 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.
F6 This award of RSUs was granted on June 30, 2023. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2024, January 1, 2025 and January 1, 2026, subject to continued employment through the applicable vesting date.
F7 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.
F8 This award of RSUs was granted on January 1, 2025. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2026, January 1, 2027 and January 1, 2028, 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.