Bacon Charles A. III 4
4 · Limbach Holdings, Inc. · Filed May 16, 2023
Insider Transaction Report
Form 4
Bacon Charles A. III
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-04-30−42,131→ 0 total→ Common Stock (42,131 underlying) - Award
Restricted Stock Units
2023-05-01+1,151→ 1,151 total→ Common Stock (1,151 underlying)
Holdings
- 473,334
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's common stock, exempt under Rule 16b-3.
- [F2]Represents certain unvested shares of service-based restricted stock units of 3,889, 17,094 and 21,148 granted on January 1, 2021, January, 1, 2022 and January 4, 2023, respectively, that were forfeited on April 30, 2023 in accordance with the Reporting Person's Transition Employment Agreement dated January 17, 2023.
- [F3]This award of RSUs was granted on May 1, 2023 in accordance with the Reporting Person's Transition Employment Agreement dated January 17, 2023. The award is subject to service-based vesting conditions and will vest on the date of the Company's 2023 annual meeting of stockholders, to occur on or around June 22, 2023, subject to continued service through the applicable vesting date.