Form 4 for IESC IES Holdings, Inc.
Accepted 2022-12-08 00:00:00 ET · period of report 2022-12-06 · accession 0001048268-22-000107 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-12-08 | 2022-12-06 | IESC | McLauchlin Tracy | SVP, CFO, Treas | A - Grant | $27.89 | +16.4K | 88.3K | +23% | +$458.6K |
| 2022-12-08 | 2022-12-06 | IESC | McLauchlin Tracy | SVP, CFO, Treas | F - Tax | $35.96 | -5,018 | 83.3K | -6% | -$180.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-06 | A | A | 3,691 | $0.00 | 86,990 | D | — | — | (F3) On December 6, 2022, Ms. McLauchlin was granted 3,691 time-based Phantom Stock Units ("PSUs") pursuant to the 2006 Equity Incentive Plan. Each PSU represents a contractual right in respect of one share of the Issuer's Common Stock and will vest upon the continued performance of services through the scheduled vesting date. The PSUs are scheduled to vest on the earlier of (i) December 15, 2025 and (ii) the date that the Issuer files its Annual Report on Form 10-K for its fiscal year ending September 30, 2025. |
| 2 | Common | Common Stock | 2022-12-06 | F | D | 5,018 | $35.96 | 83,299 | D | — | — | (F2) Represents shares of Common Stock withheld to satisfy the tax obligation resulting from the vesting of the performance and time-based phantom stock units granted to Ms. McLauchlin on December 4, 2019 pursuant to the 2006 Equity Incentive Plan. |
| 3 | Common | Common Stock | 2022-12-06 | A | A | 12,753 | $35.96 | 88,317 | D | — | — | (F1) On December 4, 2019, Ms. McLauchlin was granted shares of time and performance based phantom stock units (the "Phantom Stock Units") pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan"). The Phantom Stock Units vested, if at all, upon the achievement of certain specified annual financial performance objectives and the continued performance of services through the scheduled vesting date. On December 6, 2022, upon the filing of the Issuer's Annual Report on Form 10-K for its fiscal year ended September 30, 2022, the performance and service criteria were determined to have been met, resulting in the investing of 12,753 Phantom Stock Units under this award. |