Peter J. Moerbeek - Feb 23, 2022 Form 4 Insider Report for Infrastructure & Energy Alternatives, Inc. (IEA)

Signature
/s/ Peter J. Moerbeek
Stock symbol
IEA
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/28/2022, 06:27 PM
Previous filing
Dec 20, 2021
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IEA Common Stock, par value $0.0001 per share Award $0 +25.3K +12.56% $0.00 227K Feb 23, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") which will vest in three equal annual installments beginning on the first anniversary of February 23, 2022.
F2 Represents 56,524 shares of Common Stock, 88,194 restricted stock units and 81,857 performance stock units that are subject to forfeiture and vesting.
F3 In addition to the RSUs described in footnote 1, the Company also granted 37,928 performance-based RSUs that become subject to vesting based upon certain targets. These performance-based RSUs will not be included in the total of column 5 until satisfaction of the performance criteria.