Bacon Charles A. III 4
4 · Limbach Holdings, Inc. · Filed Jan 4, 2022
Insider Transaction Report
Form 4
Bacon Charles A. III
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2022-01-01+25,641→ 89,253 total→ Common Stock (25,641 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-01−11,667→ 73,334 total→ Common Stock (11,667 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-01−3,889→ 63,612 total→ Common Stock (3,889 underlying) - Exercise/Conversion
Common Stock
2022-01-01+5,833→ 441,627 total - Exercise/Conversion
Common Stock
2022-01-01+3,889→ 445,516 total - Exercise/Conversion
Common Stock
2022-01-01+11,667→ 435,794 total - Tax Payment
Common Stock
2022-01-01$9.00/sh−8,811$79,299→ 436,705 total - Exercise/Conversion
Restricted Stock Units
2022-01-01−5,833→ 67,501 total→ Common Stock (5,833 underlying)
Footnotes (6)
- [F1]Reflect the withholding of 9,289 shares by Limbach Holdings, Inc. (the "Company") to satisfy tax withholding requirements not previously reported. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's common stock, exempt under Rule 16b-3.
- [F3]This award of RSUs was granted on 02/27/2019. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2020, January 1, 2021 and January 1, 2022, subject to continued service through the applicable vesting date.
- [F4]This award of RSUs was granted on 01/01/2020. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2021, January 1, 2022 and January 1, 2023, 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 RSUs 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 1/1/2021. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2022, January 1, 2023 and January 1, 2024, 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 1/1/2022. 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.