David B. Gendell - Jan 3, 2023 Form 4 Insider Report for IES Holdings, Inc. (IESC)

Role: Director
Signature: /s/ Mary K. Newman, Attorney-in-Fact
Stock symbol: IESC
Transactions as of: Jan 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/3/2023, 04:37 PM
Previous filing: Dec 19, 2022
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IESC	Common Stock	Award	$0	+509	+0.37%	$0.00	136K	Jan 3, 2023	Direct	F1
holding	IESC	Common Stock						6K	Jan 3, 2023	Held in IRA

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

Explanation of Responses:

Id	Content
F1	Represents Phantom Stock Units ("PSUs") granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan") upon Mr. Gendell electing to receive PSUs in lieu of common stock or cash for that portion of his retainer. Each unit converts to one share of IES common stock when either (i) Mr. Gendell leaves the board of directors for any reason, or (ii) upon a change of control as defined in the 2006 Equity Incentive Plan.

Content

Represents Phantom Stock Units ("PSUs") granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan") upon Mr. Gendell electing to receive PSUs in lieu of common stock or cash for that portion of his retainer. Each unit converts to one share of IES common stock when either (i) Mr. Gendell leaves the board of directors for any reason, or (ii) upon a change of control as defined in the 2006 Equity Incentive Plan.