Theodore H. Bunting JR - Oct 7, 2022 Form 4 Insider Report for Infrastructure & Energy Alternatives, Inc. (IEA)

Role
Director
Signature
/s/ Theodore H. Bunting Jr.
Stock symbol
IEA
Transactions as of
Oct 7, 2022
Transactions value $
$0
Form type
4
Date filed
10/7/2022, 06:45 PM
Previous filing
May 31, 2022
Next filing
May 10, 2023

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 Disposed to Issuer -14.5K -100% 0 Oct 7, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Theodore H. Bunting JR is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects disposition of 5,256 shares of Common Stock and 9,251 restricted stock units ("RSUs").
F2 Pursuant to the Agreement and Plan of Merger by and among the issuer, MasTec, Inc. ("Parent"), and Indigo Acquisition I Corp., a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the issuer (the "Merger") on October 7, 2022 (the "Effective Time"), with the issuer continuing as the surviving corporation in the Merger and becoming a wholly owned subsidiary of Parent. In connection with the Merger, at the Effective Time, each share of Common Stock and each RSU was canceled and converted into the right to receive (a) $10.50 in cash and (b) 0.0483 of a share of Parent common stock.