Form 4 for LMB Limbach Holdings, Inc.
Accepted 2022-01-04 00:00:00 ET · period of report 2021-12-31 · accession 0001628280-22-000229 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-04 | 2021-12-31+ | LMB | Brooks Jayme L. | EVP, CFO | F - Tax | $9.00 | -3,591 | 47.2K | -7% | -$32.3K |
| DM | 2022-01-04 | 2021-12-31+ | LMB | Brooks Jayme L. | EVP, CFO | M - OptEx | $0.00 | +8,666 | 50.5K | +21% | $0 |
| DM | 2022-01-04 | 2021-12-31+ | LMB | Brooks Jayme L. | EVP, CFO | M - OptEx | $0.00 | -8,666 | 24.7K | -26% | $0 |
| D | 2022-01-04 | 2022-01-01 | LMB | Brooks Jayme L. | EVP, CFO | A - Grant | $0.00 | +10.9K | 28.9K | +61% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-01 | F | D | 2,844 | $9.00 | 51,027 | D | — | — | (F1) Reflect the withholding of 2,169 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. |
| 2 | Common | Common Stock | 2022-01-01 | M | A | 3,333 | $0.00 | 53,871 | D | — | — | (F1) Reflect the withholding of 2,169 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. |
| 3 | Common | Common Stock | 2021-12-31 | F | D | 747 | $9.00 | 47,205 | D | — | — | (F1) Reflect the withholding of 2,169 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. |
| 4 | Common | Common Stock | 2021-12-31 | M | A | 2,000 | $0.00 | 47,952 | D | — | — | (F1) Reflect the withholding of 2,169 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. |
| 5 | Common | Common Stock | 2022-01-01 | M | A | 3,333 | $0.00 | 50,538 | D | — | — | (F1) Reflect the withholding of 2,169 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. |
| 6 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 3,333 | $0.00 | 18,001 | D | — · — to — | 3,333 Common Stock | (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. (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. |
| 7 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 3,333 | $0.00 | 21,334 | D | — · — to — | 3,333 Common Stock | (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. (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. |
| 8 | Derivative | Restricted Stock Units | 2021-12-31 | M | D | 2,000 | $0.00 | 24,667 | D | — · — to — | 2,000 Common Stock | (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 October 1, 2019. 42,215 shares of common stock subject to this award are subject to service-based vesting conditions and vest on the one-year anniversary of the grant date, subject to continued service through such vesting date. 6,000 shares of common stock subject to this award are subject to service-based vesting conditions and vest in equal annual installments on each of December 31, 2020, 2021 and 2022, subject to continued service through such vesting date. The remaining 6,000 shares of common stock subject to this award shall vest upon the Company's achievement of cumulative adjusted EBITDA of the Company of at least $75,000,000 for fiscal years 2019, 2020 and 2021 (the "Performance Milestone"), subject to Participant's continuous service with the Company or a subsidiary or affiliate of the Company, as applicable, as an employee through the certification by the Compensation Committee of the achievement of the Performance Milestone, if applicable. |
| 9 | Derivative | Restricted Stock Units | 2022-01-01 | A | A | 10,893 | $0.00 | 28,894 | D | — · — to — | 10,893 Common Stock | (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. (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. |