X0306 4 2017-04-03 0 0001512499 LINDBLAD EXPEDITIONS HOLDINGS, INC. LIND 0001674494 AUERBACH PHILIP C/O LINDBLAD EXPEDITIONS HOLDING, INC. 96 MORTON STREET, 9TH FLOOR NEW YORK NY 10014 0 1 0 0 Chief Commercial Officer Restricted Common Stock Grant 90000 D Restricted Stock Units 2017-04-03 4 A 0 22321 0 A Common Stock 22321 22321 D Upon vesting, each restricted stock unit represents a contingent right to receive one share of common stock or an equivalent amount of cash. The restricted stock units vest in three annual installments beginning April 3, 2018, subject to the Reporting Person's continued employment or service with the Company or its subsidiaries on the applicable vesting date. /s/ John J. Wolfel, Attorney-in-Fact for Philip Auerbach 2017-04-04