Jeremy R. Nowak - Oct 5, 2021 Form 4 Insider Report for IEC ELECTRONICS CORP (IEC)

Role: Director
Signature: /s/ Thomas Barbato, Attorney-in-fact for Jeremy R. Nowak
Stock symbol: IEC
Transactions as of: Oct 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/5/2021, 04:48 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IEC	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction		-54.4K	-100%		0	Oct 5, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jeremy R. Nowak is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the closing, on October 5, 2021, of a cash tender offer by Creation Technologies International Inc. ("Parent"), and its wholly-owned subsidiary, CTI Acquisition Corp. ("Merger Sub"), pursuant to which each outstanding share of the common stock of the Issuer was converted into the right to receive $15.35 per share, less any required withholding taxes. The number of shares reported includes 6,354 unvested restricted shares. Each restricted share that was outstanding immediately prior to the consummation of the tender offer fully vested and was cancelled and converted automatically into the right to receive $15.35 per share, less any required withholding taxes.

Content

Disposed of pursuant to the closing, on October 5, 2021, of a cash tender offer by Creation Technologies International Inc. ("Parent"), and its wholly-owned subsidiary, CTI Acquisition Corp. ("Merger Sub"), pursuant to which each outstanding share of the common stock of the Issuer was converted into the right to receive $15.35 per share, less any required withholding taxes. The number of shares reported includes 6,354 unvested restricted shares. Each restricted share that was outstanding immediately prior to the consummation of the tender offer fully vested and was cancelled and converted automatically into the right to receive $15.35 per share, less any required withholding taxes.