Charles P. Hadeed - 05 Oct 2021 Form 4 Insider Report for IEC ELECTRONICS CORP

Role
Director
Signature
/s/ Thomas Barbato, Attorney-in-fact for Charles P. Hadeed
Issuer symbol
N/A
Transactions as of
05 Oct 2021
Net transactions value
$0
Form type
4
Filing time
05 Oct 2021, 16:51:51 UTC
Previous filing
09 Sep 2021
Next filing
08 Sep 2022
SEC
View on sec.gov

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 -70,641 -100% 0 05 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Charles P. Hadeed 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 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.