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Filing Details

Accession Number:: 0001144204-19-028490
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-05-28 18:47:51
Reporting Period:: 2019-05-23

Accepted Time:: 2019-05-28 18:47:51
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1606163	Limbach Holdings Inc.	LMB	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1409891	Jr G Larry Swets	105 S. Maple Itasca IL 60143	Yes	No	Yes	No
1612411	1347 Investors Llc	105 S. Maple Itasca IL 60143	Yes	No	Yes	Yes
1619991	Kyle Cerminara	C/O Fundamental Global Investors, Llc 4201 Congress Street, Suite 140 Charlotte NC 28209	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $0.0001 Par Value	Disposition	2019-05-23	71,030	$10.02	1,726,700	No	4	S	Direct
Common Stock, $0.0001 Par Value	Disposition	2019-05-24	34,146	$10.11	1,692,554	No	4	S	Direct
Common Stock, $0.0001 Par Value	Disposition	2019-05-28	194,440	$10.10	1,498,114	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	$11.50 Exercise Price Warrants	$11.50	2016-08-19	2021-07-20	99,000	198,000	Direct
Common Stock	$15 Exercise Price Sponsor Warrant	$15.00	2016-08-19	2023-07-20	500,000	500,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-07-20	99,000	198,000	Direct
2023-07-20	500,000	500,000	Direct

Footnotes

The price reported represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0050 and $10.0597 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
The price reported represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 and $10.25 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
The price reported represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 and $10.30 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
The securities are held directly by 1347 Investors LLC ("1347 Investors"). Larry G. Swets, Jr. and D. Kyle Cerminara are each a manager of 1347 Investors and share voting and dispositive control over the securities held by 1347 Investors. Accordingly, Messrs. Swets and Cerminara 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.
Messrs. Swets and Cerminara each serve on the Board of Directors of the Issuer. Mr. Swets holds 13,198 shares of common stock of the Issuer, and Messrs. Swets and Cerminara hold 6,402 and 3,200 restricted stock units, respectively, granted by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.
In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 7,580 shares of common stock for the accounts of individual investors. CWA, in its role as investment advisor for customer accounts, Fundamental Global Investors, LLC, as a 50% owner of CWA, and Mr. Cerminara, as manager of CWA, may each be deemed to beneficially own the number of shares held in CWA's customer accounts. Each of Fundamental Global Investors, LLC and Mr. Cerminara expressly disclaims such beneficial ownership.
Each $11.50 Exercise Price Warrant is exercisable to purchase one-half of one share of common stock at an exercise price of $11.50 per whole share, subject to adjustment as described under the heading "Description of Securities--Warrants included as part of units" in the Issuer's registration statement on Form S-1 (File No. 333-195695).
Each $15 Exercise Price Sponsor Warrant is exercisable to purchase one share of common stock at an exercise price of $15.00 per share, subject to adjustment as described under the heading "Description of Securities--$15 Exercise Price Sponsor Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-195695).