SEC Form 4 · accession 0001144204-18-017680
Infrastructure & Energy Alternatives, Inc. · IEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 26, 2018 | J | 33,808 | — | D | 238,717 | D | |
| Common StockF2 | Mar 26, 2018 | J | 13,031 | — | D | 225,686 | D |
Table II — derivative securities
Explanation of responses
- F1Represents shares of common stock ("Common Stock") of Infrastructure and Energy Alternatives, Inc. (f/k/a M III Acquisition Corp.) (the "Company") forfeited by M III Sponsor I LP ("Sponsor I LP") as contemplated in connection with the (i) the Forfeiture Agreement, dated as of March 7, 2018, by and among the Company, M III Sponsor I LLC ("Sponsor I LLC") and Sponsor I LP and (ii) the Waiver, Consent and Agreement to Forfeit Founder Shares, dated as of March 20, 2018, by and among the Company, IEA Energy Services LLC, Wind Merger Sub I, Inc., Wind Merger Sub II, LLC, Infrastructure and Energy Alternatives, LLC, Oaktree Power Opportunities Fund III Delaware, L.P., Sponsor I LLC and Sponsor I LP.
- F2Represents shares of Common Stock transferred by M III Sponsor I LP pursuant to various commitment agreements entered into by and among Sponsor I LLC, Sponsor I LP, and third parties in consideration of commitments to purchase shares of Common Stock and not redeem such shares.
Remarks
Mr. Mohsin Y. Meghji is the sole shareholder of M III Acquisition Partners I Corp., which is the sole general partner of Sponsor I LP. Mr. Meghji disclaims beneficial ownership over any securities owned by Sponsor I LP. Mr. Meghji transferred the stock of M III Acquisition Partners I Corp., the general partner of Sponsor I LP, to an affiliate of its sole limited partner. As a result of such transfer Mr. Meghji has ceased to have beneficial ownership with respect to any shares of Common Stock owned by Sponsor I LP. As a result of the transactions described herein, Sponsor I LP has ceased to beneficially own more than 10% of the outstanding Common Stock.