SEC Form 4 · accession 0001652362-18-000056
Infrastructure & Energy Alternatives, Inc. · IEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bharat Shah
Officer — Chief Accounting Officer
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 9:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001652362
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Sep 14, 2018 | A | 18,261 | $0.00 | A | 18,261 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common Stock, par value $0.001F2 | $10.37 | Sep 14, 2018 | A | 34,820 | A | — | Sep 14, 2028 | Common Stock, par value $0.001 per share | 34,820 | 34,820 | D |
Explanation of responses
- F1Represents shares of restricted stock of which half of the shares will vest in four equal annual installments beginning on the first anniversary of March 26, 2018, subject to the reporting person's continued employment. Twenty-five percent will vest on the later of (i) March 26, 2019 and (ii) the first day upon which closing sale price of the issuer's Common Stock has equaled or exceeded $12.00 per share for any twenty trading days in a consecutive 30 day trading period. Twenty-five percent will vest on the later of (i) March 26, 2019 and (ii) the first day upon which closing sale price of the issuer's Common Stock has equaled or exceeded $14.00 per share for any twenty trading days in a consecutive 30 day trading period.
- F2Represents stock options of which half of the shares will vest in four equal annual installments beginning on the first anniversary of March 26, 2018, subject to the reporting person's continued employment. Twenty-five percent will vest on the later of (i) March 26, 2019 and (ii) the first day upon which closing sale price of the issuer's Common Stock has equaled or exceeded $12.00 per share for any twenty trading days in a consecutive 30 day trading period. Twenty-five percent will vest on the later of (i) March 26, 2019 and (ii) the first day upon which closing sale price of the issuer's Common Stock has equaled or exceeded $14.00 per share for any twenty trading days in a consecutive 30 day trading period.