SEC Form 4 · accession 0001144204-16-135980
Infrastructure & Energy Alternatives, Inc. · IEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Mohsin Y Meghji
Officer — See Remarks · Director · 10% Owner
M III Sponsor I LLC
Other
M III Sponsor I LP
Other
Period of report
Jul 7, 2016
Accepted (ET)
Nov 22, 2016 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001652362
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1,F2,F3 | $5.75 | Jul 7, 2016 | P | 460,000 | A | — | — | Common Stock | 230,000 | 460,000 | D |
| WarrantsF4,F5,F7,F3 | $5.75 | Nov 17, 2016 | P | 579,900 | A | — | — | Common Stock | 289,950 | 1,039,900 | D |
| WarrantsF4,F6,F7,F3 | $5.75 | Nov 18, 2016 | P | 108,000 | A | — | — | Common Stock | 54,000 | 1,147,900 | D |
| WarrantsF4,F7,F3 | $5.75 | Nov 21, 2016 | P | 5,500 | A | — | — | Common Stock | 2,750 | 1,153,400 | D |
Explanation of responses
- F1These warrants were included in the private placement units acquired pursuant to that certain Second Amended and Restated Unit Subscription Agreement, dated as of July 7, 2016, by and among M III Sponsor I LLC and M III Sponsor I LP (collectively, the "Sponsors") and M III Acquisition Corp. (the "Issuer") for $10.00 per unit. These warrants are substantially similar to the warrants included in the units sold in the Issuer's initial public offering (the "Public Warrants"). Such warrants are subject to certain transfer restrictions and may be exercised for cash or on a cashless basis, and are not subject to redemption.
- F2Mohsin Y. Meghji, the Chairman and Chief Executive Officer of the Issuer, is the sole managing member of M III Acquisition Partners I LLC, which is the sole managing member of M III Sponsor I LLC. Mr. Meghji is also the Chief Executive Officer of M III Acquisition Partners I Corp., which is the sole general partner of M III Sponsor I LP. Mr. Meghji has sole voting and dispositive control over the securities held by the Sponsors and may be deemed the beneficial owner of such securities.
- F3Each warrant is exercisable to purchase one half share of common stock at an exercise price of $5.75 during the period commencing on the later of (i) twelve months from the date of the closing of the Issuer's initial public offering or (ii) 30 days following the consummation of the Issuer's initial business combination (the "Business Combination"), and expiring on the fifth anniversary of the consummation of the Business Combination.
- F4These warrants are Public Warrants.
- F5Represents the weighted average purchase price of the warrants on such date. The warrants were acquired in multiple transactions at prices ranging from $0.21 per warrant to $0.22 per warrant. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants acquired at each separate price within the ranges set forth in this footnote.
- F6Represents the weighted average purchase price of the warrants on such date. Warrants were acquired in multiple transactions at prices ranging from $0.20 per warrant to $0.21 per warrant. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants acquired at each separate price within the ranges set forth in this footnote.
- F7Purchased directly by Mr. Meghji
Remarks
Chairman and Chief Executive Officer