| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IESC | Common Stock | Award | $124K | +1.66K | +9.05% | $74.70 | 20K | Dec 7, 2023 | Direct | F1, F2 |
| transaction | IESC | Common Stock | Tax liability | -$191K | -2.55K | -12.77% | $74.70 | 17.4K | Dec 7, 2023 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | On December 7, 2020, Ms. Newman was granted shares of performance-based phantom stock units ("PSUs") pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan"). Each PSU represented a contractual right in respect of one share of the Issuer's Common Stock and would vest, 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 7, 2023, upon the filing of the Issuer's Annual Report on Form 10-K for its fiscal year ended September 30, 2023, the performance and service criteria were determined to have been met, resulting in the vesting of 1,660 performance-based PSUs under this award. |
| F2 | The original Form 4, filed on December 8, 2023, is being amended by this Form 4 amendment solely to correct an administrative error on the part of the company, which misreported the amount of PSUs in which the reporting person vested and the amount of shares withheld to satisfy the tax obligation resulting from the vesting event. |
| F3 | Represents shares of Common Stock withheld to satisfy the tax obligation resulting from the vesting of the time- and performance-based PSUs granted to Ms. Newman on December 7, 2020 pursuant to the 2006 Equity Incentive Plan. |