Michael M. McCann - Jan 1, 2025 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Michael M. McCann
Stock symbol
LMB
Transactions as of
Jan 1, 2025
Transactions value $
-$327,019
Form type
4
Date filed
1/3/2025, 05:07 PM
Previous filing
May 20, 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 -5.49K -22.02% $0.00 19.4K Jan 1, 2025 Common Stock 5.49K Direct F3, F4
transaction LMB Restricted Stock Units Options Exercise $0 -4.7K -24.17% $0.00 14.7K Jan 1, 2025 Common Stock 4.7K Direct F3, F5
transaction LMB Restricted Stock Units Options Exercise $0 -1.08K -7.33% $0.00 13.7K Jan 1, 2025 Common Stock 1.08K Direct F3, F6
transaction LMB Restricted Stock Units Options Exercise $0 -2.63K -19.23% $0.00 11K Jan 1, 2025 Common Stock 2.63K Direct F3, F7
transaction LMB Restricted Stock Units Award $0 +4.5K +40.76% $0.00 15.5K Jan 1, 2025 Common Stock 4.5K 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 transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
F2 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.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Limbach Holdings, Inc. 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 January 17, 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.
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.