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IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR
THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 6, 2018 This Notice of Annual Meeting and Proxy Statement and our 2017 Annual Report are available
on our website at www.limbachinc.com under “Investor Relations — Financial Information” |
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Name
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Age
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Title
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Charles A. Bacon, III | | |
57
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| | President, Chief Executive Officer and Director | |
John T. Jordan, Jr. | | |
54
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| | Chief Financial Officer | |
Kristopher Thorne | | |
53
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| | Chief Operations Officer | |
Name
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Audit
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Compensation
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Nominating
and Corporate Governance |
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Charles A. Bacon, III | | | | | | | | | | | | | | | | | | | |
Gordon G. Pratt, Board Chairman | | | | | | | | | | | X | | | | | | | | |
David S. Gellman | | | | | X | | | | | | | | | | | | X* | | |
Michael F. McNally | | | | | | | | | | | X | | | | | | X | | |
Norbert W. Young | | | | | X | | | | | | X* | | | | | | | | |
Larry G. Swets | | | | | X* | | | | | | | | | | | | X | | |
Laurel J. Krzeminski(1) | | | | | X | | | | | | | | | | | | | | |
Total meetings in 2017 | | | | | 6 | | | | | | 7 | | | | | | 3 | | |
Name(1)
|
| |
Fees Earned
or Paid in Cash ($) |
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Stock Awards
($)(2) |
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All Other
Compensation ($) |
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Total
($) |
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Gordon G. Pratt
|
| | | | 80,000 | | | | | | 42,400 | | | | | | — | | | | | | 122,400 | | |
David S. Gellman
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| | | | 60,000 | | | | | | 42,400 | | | | | | — | | | | | | 102,400 | | |
S. Matthew Katz(3)
|
| | | | 39,783 | | | | | | 13,498 | | | | | | — | | | | | | 53,280 | | |
Norbert W. Young
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| | | | 60,000 | | | | | | 42,400 | | | | | | — | | | | | | 102,400 | | |
Larry G. Swets, Jr.
|
| | | | 70,000 | | | | | | 42,400 | | | | | | — | | | | | | 112,400 | | |
Michael F. McNally(4)
|
| | | | 19,891 | | | | | | —(5) | | | | | | — | | | | | | 19,891 | | |
Name and Principal Position
|
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Year
|
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Salary
($) |
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Bonus
($) |
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Stock
Awards ($)(1) |
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Option
Awards ($) |
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Non-equity
Incentive Plan Compensation ($)(2) |
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All Other
Compensation ($)(3) |
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Total
($) |
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Charles A. Bacon, III
Chief Executive Officer and President |
| | | | 2017 | | | | | | 600,000 | | | | | | — | | | | | | 1,223,375 | | | | | | — | | | | | | 363,146 | | | | | | — | | | | | | 2,186,521 | | |
| | | 2016 | | | | | | 572,372 | | | | | | — | | | | | | — | | | | | | — | | | | | | 549,743 | | | | | | — | | | | | | 1,122,115 | | | ||
John T. Jordan, Jr.
Chief Financial Officer |
| | | | 2017 | | | | | | 320,000 | | | | | | — | | | | | | 327,375 | | | | | | — | | | | | | 54,684 | | | | | | 12,000 | | | | | | 714,059 | | |
| | | 2016 | | | | | | 308,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 159,222 | | | | | | 12,000 | | | | | | 479,222 | | | ||
Kristopher L. Thorne
Chief Operations Officer |
| | | | 2017 | | | | | | 328,000 | | | | | | — | | | | | | 327,375 | | | | | | — | | | | | | 81,503 | | | | | | 12,000 | | | | | | 748,878 | | |
| | | 2016 | | | | | | 320,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 191,296 | | | | | | 12,000 | | | | | | 523,296 | | |
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Stock Awards
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Names
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Number of Shares or
Units of Stock That Have Not Vested (#) |
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Market Value of
Shares or Units of Stock That Have Not Vested ($)(1) |
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Equity Incentive Plan
Awards: number of unearned shares, units or other rights that have not vested (#) |
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Equity incentive
plan awards: market or payout value of unearned shares, units or other rights that have not vested ($)(1) |
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Charles A. Bacon, III(2)
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| | | | 50,833 | | | | | | 703,020 | | | | | | 58,750 | | | | | | 812,513 | | |
John T. Jordan, Jr.(3)
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| | | | 14,333 | | | | | | 198,225 | | | | | | 15,500 | | | | | | 214,365 | | |
Kristopher L. Thorne(3)
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| | | | 14,333 | | | | | | 198,225 | | | | | | 15,500 | | | | | | 214,365 | | |
Name and Address of Beneficial Owner(1)
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Number of
Shares of Common Stock |
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Percent of
Outstanding Common Stock |
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1347 Investors LLC(2)
|
| | | | 3,017,099(3) | | | | | | 40.0% | | |
Larry G. Swets, Jr.(4)
|
| | | | 3,028,165 | | | | | | 40.2% | | |
Charles A. Bacon, III(5)
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| | | | 404,210 | | | | | | 5.4% | | |
David S. Gellman(6)
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| | | | 89,239 | | | | | | 1.2% | | |
Gordon G. Pratt(7)
|
| | | | 61,066 | | | | | | * | | |
Norbert W. Young(8)
|
| | | | 20,237 | | | | | | * | | |
Kristopher Thorne(9)
|
| | | | 7,866 | | | | | | * | | |
John T. Jordan, Jr.
|
| | | | 4,208 | | | | | | * | | |
Michael F. McNally
|
| | | | — | | | | | | — | | |
Laurel J. Krzeminski(10)
|
| | | | — | | | | | | — | | |
Division of Investment, Department of Treasury, State of New Jersey(11)
|
| | | | 734,000 | | | | | | 9.7% | | |
Greenhaven Road Capital Fund 1, L.P.(12)
|
| | | | 645,844 | | | | | | 8.6% | | |
Dimensional Fund Advisors LP(13)
|
| | | | 447,839 | | | | | | 5.9% | | |
All executive officers and directors as a group (9 individuals)
|
| | | | 3,614,991 | | | | | | 47.9% | | |
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2017
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2016
|
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Audit Fees(1)
|
| | | $ | 692,551 | | | | | $ | 1,518,215 | | |
Audit-Related Fees(2)
|
| | | | 113,486 | | | | | | 569,375 | | |
Tax Fees(3)
|
| | | | — | | | | | | 17,141 | | |
All Other Fees(4)
|
| | | | — | | | | | | 10,784 | | |
Total Fees
|
| | | $ | 806,037 | | | | | $ | 2,115,515 | | |
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