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 | -238K | -100% | 0 | Oct 7, 2022 | Direct | F1, F2 |
Michael Stoecker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Reflects disposition of 152,896 shares of Common Stock, 57,143 restricted stock units ("RSUs"), and 27,832 performance stock units ("PSUs") for which the satisfaction of performance criteria had been previously certified. |
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, each RSU, and each PSU 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. |