SEC Form 4 · accession 0001144204-19-000438
Limbach Holdings, Inc. · LMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry G Swets Jr.
Director · 10% Owner
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606163
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 1, 2019 | M | 1,066 | — | A | 12,132 | D | |
| Common StockF1 | Jan 1, 2019 | M | 1,066 | — | A | 13,198 | D | |
| Common StockF2 | holding | — | — | — | 2,343,515 | I | See Footnote |
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,F3 | — | Jan 1, 2019 | M | 1,066 | D | — | — | Common Stock | 1,066 | 4,268 | D |
| Restricted Stock UnitsF1,F4 | — | Jan 1, 2019 | M | 1,066 | D | — | — | Common Stock | 1,066 | 3,200 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Limbach Holdings, Inc. (the "Company") common stock, exempt under Rule 16b-3.
- F2The securities are held directly by 1347 Investors LLC ("1347 Investors"). Larry G. Swets, Jr. is a manager of 1347 Investors and shares voting and dispositive control over the securities held by 1347 Investors. Accordingly, Larry G. Swets, Jr. may be deemed to share beneficial ownership over the securities held directly by 1347 Investors. Each of the Reporting Persons disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this Report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 or for any other purpose.
- F3This award of RSUs was granted on 08/30/2017. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2018, January 1, 2019 and January 1, 2020, subject to continued service through the applicable vesting date.
- F4This award of RSUs was granted on 04/13/2018. The award is subject to service-based vesting conditions and vests in equal annual installments on each of January 1, 2019, January 1, 2020 and January 1, 2021, subject to continued service through the applicable vesting date.