John Paul Roehm - 15 Sep 2022 Form 4 Insider Report for Infrastructure & Energy Alternatives, Inc.

Role
President and CEO, Director
Signature
/s/ John Paul Roehm
Issuer symbol
N/A
Transactions as of
15 Sep 2022
Net transactions value
-$2,236,346
Form type
4
Filing time
19 Sep 2022, 17:15:04 UTC
Previous filing
06 Jun 2022
Next filing
07 Oct 2022
SEC
View on sec.gov

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 Exercise of in-the-money or at-the-money derivative security $1,908,588 +184,049 +27% $10.37 865,773 15 Sep 2022 Direct F1
transaction IEA Common Stock, par value $0.0001 per share Tax liability $2,236,346 -155,194 -18% $14.41 710,579 15 Sep 2022 Direct F1, F2
holding IEA Common Stock, par value $0.0001 per share 637,987 15 Sep 2022 Roehm Living Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IEA Option to purchase Common Stock, par value $0.0001 Exercise of in-the-money or at-the-money derivative security $1,908,588 -184,049 -100% $10.37 0 15 Sep 2022 Common Stock, par value $0.0001 per share 184,049 $10.37 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 155,194 shares withheld by issuer at the market price of $14.41 per share less an exercise price of $10.37 per share to fund the cashless exercise of 184,049 stock options and to cover the associated tax liability.
F2 Represents 458,513 shares of Common Stock, 157,476 restricted stock units and 94,590 performance stock units that are subject to forfeiture and vesting.
F3 Held by Roehm Living Trust.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.