BENJAMIN BRESSLER - 23 Jul 2025 Form 4/A - Amendment Insider Report for LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

Role
*Founder & CEO of NHA
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Benjamin Bressler
Issuer symbol
LIND
Transactions as of
23 Jul 2025
Net transactions value
-$216,748
Form type
4/A - Amendment
Filing time
25 Jul 2025, 17:10:52 UTC
Date Of Original Report
24 Jul 2025
Previous filing
15 Apr 2025
Next filing
05 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BRESSLER BENJAMIN *Founder & CEO of NHA 833 WEST SOUTH BOULDER ROAD, BLDG G, LOUISVILLE /s/ John J. Wolfel, Attorney-in-Fact for Benjamin Bressler 25 Jul 2025 0001674110

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIND Common Stock Options Exercise $399,423 +47,325 +202% $8.44 70,791 23 Jul 2025 Direct F1
transaction LIND Common Stock Sale $616,172 -47,325 -67% $13.02 23,466 23 Jul 2025 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) Options Exercise $0 -47,325 -3.5% $0.000000 1,286,994 23 Jul 2025 Common Stock 47,325 $8.44 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Amendment being filed to correct the number of options exercised.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.00 to $13.06, inclusive. The Reporting Person undertakes to provide Lindblad Expeditions Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 Stock option granted under the 2021 Long Term Incentive Plan pursuant to his employment agreement.