SEC Form 4 · accession 0001140361-17-036993
LINDBLAD EXPEDITIONS HOLDINGS, INC. · LIND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Felenstein
Officer — Chief Financial Officer
Period of report
Sep 6, 2017
Accepted (ET)
Sep 29, 2017 · 5:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512499
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 6, 2017 | F | 3,697 | $10.80 | D | 36,303 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 22,321 | 22,321 | D |
| Stock Options (Right to Buy)F4 | $9.47 | holding | — | — | — | — | — | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Shares withheld by Company to satisfy tax liability as a result of the vesting of restricted stock.
- F2Upon vesting, each restricted stock unit represents the right to receive one share of common stock or an equivalent amount of cash.
- F3The restricted stock units vest in three equal annual installments beginning April 3, 2018, subject to the Reporting Person's continued employment or service with the Company or its subsidiaries on the applicable vesting date.
- F4The options vest annually pro rata over a four-year period.