SEC Form 4 · accession 0001140361-15-040742
LINDBLAD EXPEDITIONS HOLDINGS, INC. · LIND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John McClain
Officer — Chief Financial Officer
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 11:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512499
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $10.58 | Nov 10, 2015 | A | 300,000 | A | — | Nov 9, 2025 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1Grant to reporting person of options to buy shares of common stock under the Issuer's 2015 Long-Term Incentive Plan. The options vest and become exercisable as follows: 25% after 1st anniversary of the date of grant, 50% after 2nd anniversary, 75% after 3rd anniversary, and 100% after 4th anniversary of the date of grant.