SEC Form 4 · accession 0000049728-17-000040
IEC ELECTRONICS CORP · IEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn J Hartrick
Director
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 3:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2017 | A | 6,596 | $0.00 | A | 18,266 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This annual restricted stock award was granted to each non-employee director under the Issuer's 2010 Omnibus Incentive Compensation Plan in a transaction exempt under Rule 16b-3 and vests equally on the first three anniversaries of the grant date. The number of shares awarded has a grant-date fair value of $25,000 and is calculated on the closing price of the Issuer's common stock on the grant date ($3.79).