Sec Form 4 Filing - Gellman David S @ Limbach Holdings, Inc. - 2016-07-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Gellman David S
2. Issuer Name and Ticker or Trading Symbol
Limbach Holdings, Inc. [ LMB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O FDG ASSOCIATES, 499 PARK AVENUE, 26TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
07/20/2016
(Street)
NEW YORK, NY10022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/20/2016 A( 1 ) 1,743,810 A 1,743,810 I Held by FdG HVAC LLC ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant to Purchase Common Stock $ 12.5 07/20/2016 A( 1 ) 529,101 08/19/2016 08/19/2023 Common Stock 529,101 ( 1 ) 529,101 I Held by FdG HVAC LLC ( 2 )
Warrant to Purchase Common Stock $ 11.5 07/20/2016 A( 1 ) 793,651 08/19/2016 08/19/2023 Common Stock 793,651 ( 1 ) 793,651 I Held by FdG HVAC LLC ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gellman David S
C/O FDG ASSOCIATES
499 PARK AVENUE, 26TH FLOOR
NEW YORK, NY10022
X X
Signatures
David S. Gellman 07/22/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to the terms of an Agreement and Plan of Merger dated March 23, 2016 between 1347 Capital Corp. n/k/a Limbach Holdings, Inc. (the "Company") and Limbach Holdings, LLC ("Oldco"), FdG HVAC LLC received cash, 1,743,810 shares of common stock of the Company, 529,101 warrants to purchase shares of common stock at an exercise price of $12.50, and 793,651 warrants to purchase shares of common stock at an exercise price of $11.50 in exchange for 7,999,999 Class A-1 Units of membership interest of Oldco. The closing price of the Company's common stock on the day of the transaction was $7.51.
( 2 )The securities are held directly by FdG HVAC LLC. The managing member of FdG HVAC LLC is FdG Capital Partners, LLC. Mr. Gellman is the sole member of the investment committee of the managing member of FdG Capital Partners, LLC. Mr. Gellman disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.

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