SCHLARBAUM JEFFREY T (President and CEO) exercised options at IEC ELECTRONICS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

SCHLARBAUM JEFFREY T

Filed: 5/7/2019ACC: 0000049728-19-000057

InsiderSCHLARBAUM JEFFREY TCIK 1291639

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IssuerIEC ELECTRONICS CORPCIK 49728

DirectorOfficer· President and CEO

Since Apr 2019

+3.69K

Net shares

Net buyer

$35.4K

Total sold

Open market trades

0B · 0S

Total transactions

21.22K acquired · 17.54K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+12.26K

Price / share

—

Trade value

—

% of position

123.8%

4/18/2019

9.90K→22.16K

Common Stock

Direct

F · Tax Withholding

−5.28K

Price / share

$6.70

Trade value

$35.36K

% of position

23.8%

4/18/2019

22.16K→16.88K

Total

Net shares

+6.98K

Net value

-$35.36K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/18/2019	M · Option Exercise	+12.26K	—	—	123.8%	9.90K	22.16K
Common Stock Direct	4/18/2019	F · Tax Withholding	−5.28K	$6.70	$35.36K	23.8%	22.16K	16.88K
Total			+6.98K		-$35.36K

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

12.26K shares

−12.26K

Strike price

Held after

0.00

Exercisable

—

4/18/2019

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

8.97K shares

+8.97K

Strike price

Held after

8.97K

Exercisable

—

5/3/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock12.26K shares	4/18/2019	M · Option Exercise	−12.26K		—	0.00
Restricted Stock Units Direct	Common Stock8.97K shares	5/3/2019	A · Award	+8.97K		—	8.97K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

17.02K

Shares owned

17.02K

Exercise price

Expiration

—

Exercise window

—

Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

416.14K

Shares owned

416.14K

Exercise price

4.1

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

14.23K

Shares owned

14.23K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

447.39K

Owned

447.39K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock		—	—	17.02K	17.02K
Stock Option (Right to Buy) Direct	Common Stock	4.1	—	—	416.14K	416.14K
Restricted Stock Units Direct	Common Stock		—	—	14.23K	14.23K
Total					447.39K	447.39K