Matthew J. Simmes - Nov 27, 2024 Form 4 Insider Report for IES Holdings, Inc. (IESC)

Role: President and COO
Signature: /s/ Mary K. Newman, Attorney-in-Fact
Stock symbol: IESC
Transactions as of: Nov 27, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/29/2024, 05:18 PM
Previous filing: Nov 26, 2024
Next filing: Dec 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IESC	Common Stock	Award	$0	+40K	+49.11%	$0.00	121K	Nov 27, 2024	Direct	F1
transaction	IESC	Common Stock	Award	$0	+897	+0.74%	$0.00	122K	Nov 27, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On November 27, 2024, Mr. Simmes was granted an award of 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 represents a contractual right in respect of one share of the Issuer's Common Stock. The 40,000 PSUs granted to Mr. Simmes are divided into two equal tranches and will vest upon the continued performance of services through the respective scheduled vesting dates. The first tranche of Special Time-Based PSUs is scheduled to vest on December 1, 2026 and the second tranche of Special Time-Based PSUs is scheduled to vest on December 1, 2027.
F2	On November 27, 2024, Mr. Simmes was granted an additional award of PSUs pursuant to the 2006 Equity Incentive Plan. The number of PSUs granted to Mr. Simmes on November 27, 2024 (the "Regular Time-Based PSUs") will vest upon the continued performance of services through the scheduled vesting date. The Regular Time-Based PSUs are scheduled to vest on the earlier of (i) December 15, 2027 and (ii) the date that the Issuer files its Annual Report on Form 10-K for its fiscal year ending September 30, 2027.

Content

On November 27, 2024, Mr. Simmes was granted an award of 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 represents a contractual right in respect of one share of the Issuer's Common Stock. The 40,000 PSUs granted to Mr. Simmes are divided into two equal tranches and will vest upon the continued performance of services through the respective scheduled vesting dates. The first tranche of Special Time-Based PSUs is scheduled to vest on December 1, 2026 and the second tranche of Special Time-Based PSUs is scheduled to vest on December 1, 2027.

On November 27, 2024, Mr. Simmes was granted an additional award of PSUs pursuant to the 2006 Equity Incentive Plan. The number of PSUs granted to Mr. Simmes on November 27, 2024 (the "Regular Time-Based PSUs") will vest upon the continued performance of services through the scheduled vesting date. The Regular Time-Based PSUs are scheduled to vest on the earlier of (i) December 15, 2027 and (ii) the date that the Issuer files its Annual Report on Form 10-K for its fiscal year ending September 30, 2027.