SEC Form 4 · accession 0000049728-18-000054
IEC ELECTRONICS CORP · IEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jeffrey T Schlarbaum
Officer — President and CEO · Director
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 4:47 pm EDT
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 Stock | holding | — | — | — | 9,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Mar 15, 2018 | A | 14,232 | A | Mar 15, 2021 | Mar 15, 2021 | Common Stock | 14,232 | 43,505 | D |
| Restricted Stock UnitsF1 | — | holding | — | — | — | Apr 18, 2019 | Apr 18, 2019 | Common Stock | 12,258 | 12,258 | D |
| Stock Option (Right to Buy)F2 | $4.10 | holding | — | — | — | — | Mar 20, 2025 | Common Stock | 416,145 | 416,145 | D |
| Restricted Stock UnitsF1 | — | holding | — | — | — | Mar 16, 2020 | Mar 16, 2020 | Common Stock | 17,015 | 29,273 | D |
Explanation of responses
- F1These restricted stock units were previously reported by Mr. Schlarbaum and each represent a contingent right to receive one share of common stock.
- F2This option was previously reported by Mr. Schlarbaum and vests 25% on 3/20/16, 3/20/17, 3/20/18 and 3/20/19.
- F3These restricted stock units, which each represent a contingent right to receive one share of common stock, were granted in a transaction exempt under Rule 16b-3.