Dolf A. Berle - Jun 3, 2021 Form 4 Insider Report for LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

Role
CEO, Director
Signature
/s/ Dolf A Berle by John J. Wolfel, Attorney-in-Fact
Stock symbol
LIND
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 04:11 PM
Previous filing
Jun 1, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Restricted Stock Units Award $0 +58.5K +100% $0.00 117K Jun 3, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIND Stock Option (right to buy) Award $0 +1M $0.00 1M Jun 3, 2021 Common Stock 1M $16.38 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities acquired in connection with the Reporting Person's hiring as Chief Executive Officer by the Company.
F2 Each restricted stock unit represents the right to receive one share of the Company's common stock and will vest in five equal annual installments beginning on June 3, 2022, subject to the Reporting Person's continued employment by the Company on such dates.
F3 Options granted May 10, 2021, subject to Company's stockholder approval of the 2021 Long-Term Incentive Plan, which approval was effective at the 2021 meeting of stockholders held on June 3, 2021.
F4 Grant to reporting person of options to buy shares of common stock under the Issuer's 2021 Long-Term Incentive Plan. The options vest and become exercisable in five equal annual installments on May 10, 2022, 2023, 2024, 2025 and 2026.