SEC Form 4 · accession 0001144204-17-029414
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
May 22, 2017
Accepted (ET)
May 24, 2017 · 9:22 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF4,F2,F3,F1 | $5.75 | May 22, 2017 | P | 5,000 | A | — | — | Common Stock | 2,500 | 1,693,803 | D |
Explanation of responses
- F1Each 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 registrant's initial public offering on July 12, 2016 or (ii) 30 days following the consummation of the registrant's initial business combination (the "Business Combination"), and expiring on the fifth anniversary of the consummation of the Business Combination.
- F2Includes 340,000 warrants included in the private placement units acquired by the reporting persons in connection with the registrant's initial public offering. 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.
- F3These warrants were purchased directly by Mr. Meghji.
- F4Represents the weighted average purchase price of the warrants on such date. Warrants were acquired in multiple transactions at prices ranging from $0.37 per warrant to $0.39 per warrant. The reporting persons undertake to provide to the registrant, any security holder of the registrant, 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.
Remarks
Chairman and Chief Executive Officer