Tracy McLauchlin - Dec 7, 2023 Form 4/A - Amendment Insider Report for IES Holdings, Inc. (IESC)

Role
SVP, CFO & Treasurer
Signature
/s/ Tracy A. McLauchlin
Stock symbol
IESC
Transactions as of
Dec 7, 2023
Transactions value $
$403,380
Form type
4/A - Amendment
Date filed
12/12/2023, 05:36 PM
Date Of Original Report
Dec 8, 2023
Previous filing
Jun 8, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IESC Common Stock Award $665K +8.9K +12.91% $74.70 77.9K Dec 7, 2023 Direct F1, F2
transaction IESC Common Stock Tax liability -$262K -3.5K -4.5% $74.70 74.4K Dec 7, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 7, 2020, Ms. McLauchlin was granted shares of time- and 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 8,903 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 PSUs granted to Ms. McLauchlin on December 7, 2020 pursuant to the 2006 Equity Incentive Plan.