PRATT GORDON G 4
4 · Limbach Holdings, Inc. · Filed Jun 2, 2023
Insider Transaction Report
Form 4
PRATT GORDON G
Director
Transactions
- Exercise of In-Money
$15 Exercise Price Sponsor Warrant
2023-06-01−100,000→ 0 total(indirect: See Footnote)Exercise: $15.00From: 2016-08-19Exp: 2023-07-20→ Common Stock (100,000 underlying) - Exercise of In-Money
Common Stock
2023-06-01$15.00/sh+100,000$1,500,000→ 298,280 total(indirect: See Footnote) - Sale
Common Stock
2023-06-01$21.14/sh−70,939$1,500,005→ 227,341 total(indirect: See Footnote)
Holdings
- 98,757(indirect: See Footnote)
Common Stock
- 33,809
Common Stock
Footnotes (3)
- [F1]Represents securities held by Fund Management Group LLC, of which the reporting person is the managing member and controlling equity holder. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]On June 1, 2023, the Reporting Person exercised a warrant to purchase 100,000 shares of the Limbach Holdings, Inc. (the "Company") Common Stock for $15.00 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 70,939 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 29,061 shares.
- [F3]Represents securities held by FEA Pratt Family holdings LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.