SEC Form 4 · accession 0001140361-18-018035
LINDBLAD EXPEDITIONS HOLDINGS, INC. · LIND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Trey Byus
Officer — Chief Expedition Officer
Period of report
Mar 30, 2018
Accepted (ET)
Apr 10, 2018 · 4:53 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 | Apr 3, 2018 | M | 5,115 | $0.00 | A | 503,589 | D | |
| Common Stock | Apr 3, 2018 | F | 1,982 | $10.27 | D | 501,607 | 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 UnitsF1,F2 | — | Mar 30, 2018 | A | 13,389 | A | — | — | Common Stock | 13,389 | 13,389 | D |
| Restricted Stock UnitsF1,F3 | — | Apr 3, 2018 | M | 5,115 | D | — | — | Common Stock | 5,115 | 10,231 | D |
Explanation of responses
- F1Upon vesting, each restricted stock unit represents the right to receive one share of common stock or an equivalent amount of cash.
- F2The restricted stock units vest in three equal annual installments beginning March 30, 2019, subject to the Reporting Person's continued employment or service with the Company.
- 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.